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Analysts’ Top Technology Picks: Adyen (ADYYF), Western Digital (WDC)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Adyen (ADYYFResearch Report), Western Digital (WDCResearch Report) and Shopify (SHOPResearch Report) with bullish sentiments.

Adyen (ADYYF)

UBS analyst Justin Forsythe maintained a Buy rating on Adyen today and set a price target of EUR1700.00. The company’s shares closed last Wednesday at $1520.47.

Forsythe has an average return of 20.0% when recommending Adyen.

According to TipRanks.com, Forsythe is ranked #2287 out of 8781 analysts.

Currently, the analyst consensus on Adyen is a Strong Buy with an average price target of $1833.08, representing a 18.6% upside. In a report issued on April 15, Citi also maintained a Buy rating on the stock with a EUR1800.00 price target.

See today’s best-performing stocks on TipRanks >>

Western Digital (WDC)

Morgan Stanley analyst Joseph Moore maintained a Buy rating on Western Digital today and set a price target of $83.00. The company’s shares closed last Wednesday at $70.17, close to its 52-week high of $76.92.

According to TipRanks.com, Moore is a 5-star analyst with an average return of 10.9% and a 55.6% success rate. Moore covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Navitas Semiconductor, and Silicon Laboratories.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Western Digital with a $79.88 average price target, representing a 10.6% upside. In a report issued on April 5, Rosenblatt Securities also upgraded the stock to Buy with a $115.00 price target.

Shopify (SHOP)

In a report released today, Paul Treiber from RBC Capital maintained a Buy rating on Shopify, with a price target of $100.00. The company’s shares closed last Wednesday at $69.41.

According to TipRanks.com, Treiber is a 5-star analyst with an average return of 12.4% and a 63.5% success rate. Treiber covers the Technology sector, focusing on stocks such as The Descartes Systems Group, Enghouse Systems, and Copperleaf Tech.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Shopify with a $81.92 average price target, a 17.9% upside from current levels. In a report issued on April 3, Robert W. Baird also assigned a Buy rating to the stock with a $87.00 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 ADYYF:

אנליסטים של טכנולוגיה ותוכנה מ-JMP Securities, יחד עם המייסד השותף והמנכ”ל של Rockerbox, ידברו על כיצד שווקים משתמשים במידע כדי לבדוק עד כמה מצליחות מהמות השיווק שלהם

הדיון יכלול חברות כמו META, GOOGL, SNAP ו-SHOP. השיחה תתקיים במהלך שיחת ועידה לאנליסטים ומומחי תעשייה ב-18 באפריל בשעה 13:00. ניתן לצפות בשידור האינטרנטי על ידי לחיצה על הקישור הבא:

Analysts Offer Insights on Technology Companies: Mitek Systems (MITK) and Shopify (SHOP)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Mitek Systems (MITKResearch Report) and Shopify (SHOPResearch Report).

Mitek Systems (MITK)

In a report released today, Jake Roberge from William Blair maintained a Buy rating on Mitek Systems. The company’s shares closed last Monday at $14.83.

According to TipRanks.com, Roberge is a 2-star analyst with an average return of 0.1% and a 47.2% success rate. Roberge covers the Technology sector, focusing on stocks such as Upland Software, Jamf Holding, and Pegasystems.

Mitek Systems has an analyst consensus of Strong Buy, with a price target consensus of $18.00, which is a 18.5% upside from current levels. In a report released today, H.C. Wainwright also reiterated a Buy rating on the stock with a $19.00 price target.

See the top stocks recommended by analysts >>

Shopify (SHOP)

Needham analyst Anna Andreeva maintained a Hold rating on Shopify today. The company’s shares closed last Monday at $68.57.

According to TipRanks.com, Andreeva is ranked 0 out of 5 stars with an average return of -8.7% and a 39.6% success rate. Andreeva covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, Lululemon Athletica, and Williams-Sonoma.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Shopify with a $82.51 average price target, which is a 17.9% upside from current levels. In a report issued on April 1, Barclays also maintained a Hold rating on the stock with a $68.00 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 MITK: