Analysts have been eager to weigh in on the Technology sector with new ratings on Alphabet Inc (NASDAQ:GOOGL), GrubHub (NYSE:GRUB) and Corelogic (NYSE:CLGX).
Alphabet Inc (GOOGL)
RBC Capital analyst Mark Mahaney maintained a Buy rating on Alphabet Inc today and set a price target of $1400. The company’s shares opened today at $1083.75.
According to TipRanks.com, Mahaney is a top 100 analyst with an average return of 23.0% and a 65.0% success rate. Mahaney covers the Technology sector, focusing on stocks such as Eventbrite Inc, Facebook, and Yelp Inc.
Alphabet Inc has an analyst consensus of Strong Buy, with a price target consensus of $1330, implying a 22.7% upside from current levels. In a report issued on October 17, Wedbush also initiated coverage with a Buy rating on the stock with a $1350 price target.
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GrubHub (GRUB)
Wedbush analyst Ygal Arounian maintained a Buy rating on GrubHub today and set a price target of $150. The company’s shares opened today at $87.95.
According to TipRanks.com, Arounian has currently no stars on a ranking scale of 0-5 stars, with an average return of -20.3% and a 12.5% success rate. Arounian covers the Technology sector, focusing on stocks such as ANGI Homeservices Inc, Wix.com Ltd, and Yelp Inc.
Currently, the analyst consensus on GrubHub is a Moderate Buy with an average price target of $135.93, representing a 54.6% upside. In a report released today, Stifel Nicolaus also upgraded the stock to Buy with a $125 price target.
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Corelogic (CLGX)
In a report released today, Chris Gamaitoni from Compass Point maintained a Hold rating on Corelogic, with a price target of $43. The company’s shares opened today at $39.29, close to its 52-week low of $38.67.
According to TipRanks.com, Gamaitoni is a 1-star analyst with an average return of -2.3% and a 35.5% success rate. Gamaitoni covers the Financial sector, focusing on stocks such as Texas Capital Bancshares, Hilltop Holdings Inc, and NMI Holdings.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Corelogic with a $47 average price target, a 19.6% upside from current levels. In a report released yesterday, Deutsche Bank also maintained a Hold rating on the stock with a $45 price target.
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