There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Ooma (OOMA) and Yandex NV (YNDX) with bullish sentiments.
Ooma (OOMA)
In a report released today, Josh Nichols from B.Riley FBR maintained a Buy rating on Ooma, with a price target of $20.50. The company’s shares opened today at $16.29, close to its 52-week high of $17.50.
According to TipRanks.com, Nichols is a 4-star analyst with an average return of 13.8% and a 44.0% success rate. Nichols covers the Consumer Goods sector, focusing on stocks such as Adesto Technologies Corp, Pointer Telocation Ltd, and Immersion Corp.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ooma.
See today’s analyst top recommended stocks >>
Yandex NV (YNDX)
In a report released today, Lloyd Walmsley from Deutsche Bank maintained a Buy rating on Yandex NV, with a price target of $44. The company’s shares opened today at $36.15.
According to TipRanks.com, Walmsley is a 5-star analyst with an average return of 11.8% and a 59.8% success rate. Walmsley covers the Technology sector, focusing on stocks such as Spotify Technology SA, Alphabet Inc, and Criteo SA.
Yandex NV has an analyst consensus of Moderate Buy, with a price target consensus of $46.
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