Companies in the Technology sector have received a lot of coverage today as analysts weigh in on SolarEdge Technologies (SEDG – Research Report) and Uber Technologies (UBER – Research Report).
SolarEdge Technologies (SEDG)
Wells Fargo analyst Michael Blum maintained a Hold rating on SolarEdge Technologies yesterday and set a price target of $62.00. The company’s shares closed last Tuesday at $53.75, close to its 52-week low of $48.82.
According to TipRanks.com, Blum is a 5-star analyst with an average return of
SolarEdge Technologies has an analyst consensus of Hold, with a price target consensus of $68.76, a 25.7% upside from current levels. In a report issued on May 9, Northland Securities also downgraded the stock to Hold.
See Insiders’ Hot Stocks on TipRanks >>
Uber Technologies (UBER)
Citi analyst Ronald Josey reiterated a Buy rating on Uber Technologies yesterday and set a price target of $93.00. The company’s shares closed last Tuesday at $65.32.
According to TipRanks.com, Josey is a top 100 analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Uber Technologies with a $89.11 average price target, representing a 35.3% upside. In a report issued on May 8, Mizuho Securities also maintained a Buy rating on the stock with a $90.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on SEDG:
- What You Missed This Week in EVs and Clean Energy
- Ibotta initiated, Cisco upgraded: Wall Street’s top analyst calls
- Susquehanna downgrades SolarEdge on ‘cloudy’ recovery timing
- SolarEdge downgraded to Neutral from Positive at Susquehanna
- SolarEdge price target lowered to $55 from $75 at Deutsche Bank
