There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Dynatrace (DT – Research Report) and IonQ (IONQ – Research Report) with bullish sentiments.
Dynatrace (DT)
TD Cowen analyst Andrew Sherman reiterated a Buy rating on Dynatrace today and set a price target of $60.00. The company’s shares closed last Wednesday at $47.87.
According to TipRanks.com, Sherman is a 2-star analyst with an average return of
Dynatrace has an analyst consensus of Strong Buy, with a price target consensus of $60.08, which is a 21.5% upside from current levels. In a report issued on April 30, J.P. Morgan also maintained a Buy rating on the stock with a $55.00 price target.
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IonQ (IONQ)
In a report released today, Quinn Bolton from Needham maintained a Buy rating on IonQ, with a price target of $18.00. The company’s shares closed last Wednesday at $8.97.
According to TipRanks.com, Bolton is a top 100 analyst with an average return of
Currently, the analyst consensus on IonQ is a Strong Buy with an average price target of $16.63, a 75.8% upside from current levels. In a report issued on May 9, Craig-Hallum also maintained a Buy rating on the stock with a $21.00 price target.
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Read More on DT:
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- Options Volatility and Implied Earnings Moves This Week, May 13 – May 16, 2024
- DT Earnings this Week: How Will it Perform?
