Companies in the Technology sector have received a lot of coverage today as analysts weigh in on GrubHub (NYSE:GRUB), Corelogic (NYSE:CLGX) and Snap Inc (NYSE:SNAP).
GrubHub (GRUB)
In a report issued on October 26, Deepak Mathivanan from Barclays maintained a Sell rating on GrubHub, with a price target of $86. The company’s shares opened today at $89.24.
According to TipRanks.com, Mathivanan is a 5-star analyst with an average return of 16.3% and a 58.0% success rate. Mathivanan covers the Technology sector, focusing on stocks such as Mercadolibre, Yelp Inc, and Shopify.
Currently, the analyst consensus on GrubHub is a Moderate Buy with an average price target of $135.93.
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Corelogic (CLGX)
In a report issued on October 26, Mark Devries from Barclays maintained a Buy rating on Corelogic, with a price target of $64. The company’s shares opened today at $39.52, close to its 52-week low of $38.67.
According to TipRanks.com, Devries is a 1-star analyst with an average return of -0.9% and a 52.9% success rate. Devries covers the Financial sector, focusing on stocks such as Fidelity National Financial, AGNC Investment Corp, and OneMain Holdings Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Corelogic with a $45 average price target, a 13.9% upside from current levels. In a report issued on October 25, Oppenheimer also maintained a Buy rating on the stock with a $46 price target.
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Snap Inc (SNAP)
Barclays analyst Ross Sandler maintained a Buy rating on Snap Inc on October 26 and set a price target of $12. The company’s shares opened today at $6.35, close to its 52-week low of $5.77.
According to TipRanks.com, Sandler is a 4-star analyst with an average return of 5.6% and a 56.7% success rate. Sandler covers the Technology sector, focusing on stocks such as IAC/InterActiveCorp, Match Group Inc, and Alphabet Inc.
Currently, the analyst consensus on Snap Inc is a Hold with an average price target of $8.65, which is a 36.2% upside from current levels. In a report issued on October 11, Goldman Sachs also reiterated a Buy rating on the stock with a $11 price target.
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