Analysts fell to the sidelines weighing in on MAM Software Group (NASDAQ:MAMS) and Red Hat (NYSE:RHT) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.
MAM Software Group (MAMS)
B.Riley FBR analyst Sarkis Sherbetchyan maintained a Hold rating on MAM Software Group today and set a price target of $9.30. The company’s shares closed yesterday at $7.41.
According to TipRanks.com, Sherbetchyan is a 4-star analyst with an average return of 12.3% and a 60.5% success rate. Sherbetchyan covers the Consumer Goods sector, focusing on stocks such as Lightpath Technologies, Vishay Precision Group, and S&W Seed Company.
The word on The Street in general, suggests a Hold analyst consensus rating for MAM Software Group with a $8.50 average price target.
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Red Hat (RHT)
In a report released today, Mark Murphy from J.P. Morgan downgraded Red Hat to Hold, with a price target of $150. The company’s shares closed yesterday at $144.37.
According to TipRanks.com, Murphy is a 5-star analyst with an average return of 17.9% and a 74.7% success rate. Murphy covers the Technology sector, focusing on stocks such as Oracle Corp, Twilio Inc, and Cision Ltd.
Red Hat has an analyst consensus of Moderate Buy, with a price target consensus of $168.73.
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