Tag: PD

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Par Technology (PAR – Research Report), PagerDuty (PD – Research Report) and Credo Technology Group Holding Ltd (CRDO – Research Report) with bullish sentiments.

Par Technology (PAR)

In a report released today, George Sutton from Craig-Hallum reiterated a Buy rating on Par Technology, with a price target of $90.00. The company’s shares closed last Tuesday at $76.92, close to its 52-week high of $78.98.

According to TipRanks.com, Sutton is a 5-star analyst with an average return of 19.8% and a 56.6% success rate. Sutton covers the Technology sector, focusing on stocks such as Transact Technologies, The Hackett Group, and Innodata Isogen.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Par Technology with a $86.43 average price target, a 9.6% upside from current levels. In a report released yesterday, Stephens also maintained a Buy rating on the stock with a $90.00 price target.

See the top stocks recommended by analysts >>

PagerDuty (PD)

Craig-Hallum analyst Jeff Van Rhee maintained a Buy rating on PagerDuty today and set a price target of $26.00. The company’s shares closed last Tuesday at $20.91.

According to TipRanks.com, Rhee is a 5-star analyst with an average return of 15.0% and a 55.9% success rate. Rhee covers the Technology sector, focusing on stocks such as BlackSky Technology, Creative Realities, and Alkami Technology.

Currently, the analyst consensus on PagerDuty is a Moderate Buy with an average price target of $21.40, which is a 4.3% upside from current levels. In a report issued on November 17, RBC Capital also maintained a Buy rating on the stock with a $22.00 price target.

Credo Technology Group Holding Ltd (CRDO)

In a report released today, Richard Shannon from Craig-Hallum maintained a Buy rating on Credo Technology Group Holding Ltd. The company’s shares closed last Tuesday at $46.67, close to its 52-week high of $48.94.

According to TipRanks.com, Shannon is a 5-star analyst with an average return of 13.3% and a 46.6% success rate. Shannon covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Navitas Semiconductor, and Everspin Technologies.

Currently, the analyst consensus on Credo Technology Group Holding Ltd is a Strong Buy with an average price target of $37.38, a -20.9% downside from current levels. In a report issued on November 18, Mizuho Securities also maintained a Buy rating on the stock with a $49.00 price target.

Read More on PAR:

• Par Technology price target raised to $90 from $85 at Craig-Hallum
• Par Technology price target raised to $90 from $83 at Stephens
• Par Technology price target raised to $92 from $69 at Benchmark
• Par Technology price target raised to $77 from $57 at Lake Street
• Par Technology price target raised to $85 from $65 at Craig-Hallum