There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Megaport Ltd. (MGPPF – Research Report) and Telstra Corporation Limited (TTRAF – Research Report) with bullish sentiments.
Megaport Ltd. (MGPPF)
Citigroup analyst Siraj Ahmed maintained a Buy rating on Megaport Ltd. today and set a price target of A$14.00. The company’s shares closed last Tuesday at $5.88.
According to TipRanks.com, Ahmed is a 3-star analyst with an average return of
Megaport Ltd. has an analyst consensus of Moderate Buy, with a price target consensus of $7.30.
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Telstra Corporation Limited (TTRAF)
Telstra Corporation Limited received a Buy rating and a A$4.50 price target from Macquarie analyst Darren Leung today. The company’s shares closed last Wednesday at $2.98, equals to its 52-week high of $2.98.
According to TipRanks.com, Leung is ranked #5227 out of 8294 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Telstra Corporation Limited with a $3.30 average price target.
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