There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Anaplan (PLAN – Research Report), Cerence (CRNC – Research Report) and VIA optronics (VIAO – Research Report) with bullish sentiments.
Anaplan (PLAN)
In a report released yesterday, Andrew Degasperi from Berenberg Bank maintained a Buy rating on Anaplan, with a price target of $88.00. The company’s shares closed last Wednesday at $44.22, close to its 52-week low of $40.13.
According to TipRanks.com, Degasperi is a 4-star analyst with an average return of
Currently, the analyst consensus on Anaplan is a Strong Buy with an average price target of $69.39, which is a 72.1% upside from current levels. In a report issued on November 17, Monness also maintained a Buy rating on the stock with a $101.00 price target.
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Cerence (CRNC)
In a report released yesterday, Mike Filatov from Berenberg Bank maintained a Buy rating on Cerence, with a price target of $123.00. The company’s shares closed last Wednesday at $79.58, close to its 52-week low of $74.10.
According to TipRanks.com, Filatov is a 2-star analyst with an average return of
Currently, the analyst consensus on Cerence is a Strong Buy with an average price target of $122.78, a 61.3% upside from current levels. In a report issued on November 12, Jefferies also maintained a Buy rating on the stock with a $131.00 price target.
VIA optronics (VIAO)
In a report released yesterday, Andrew Buscaglia from Berenberg Bank maintained a Buy rating on VIA optronics, with a price target of $16.00. The company’s shares closed last Wednesday at $7.75.
According to TipRanks.com, Buscaglia is a 3-star analyst with an average return of
Currently, the analyst consensus on VIA optronics is a Moderate Buy with an average price target of $15.00.
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