Analysts have been eager to weigh in on the Technology sector with new ratings on Liberty Expedia Holdings Inc (NASDAQ:LEXEA), Everbridge Inc (NASDAQ:EVBG) and GTT Communications (NYSE:GTT).
Liberty Expedia Holdings Inc (LEXEA)
Guggenheim analyst Jake Fuller reiterated a Buy rating on Liberty Expedia Holdings Inc on August 3 and set a price target of $56. The company’s shares closed yesterday at $47.67.
According to TipRanks.com, Fuller is a 4-star analyst with an average return of 18.2% and a 59.8% success rate. Fuller covers the Services sector, focusing on stocks such as Despegar.com Corp., TripAdvisor Inc, and Expedia.
The the analyst consensus on Liberty Expedia Holdings Inc is currently a Hold rating.
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Everbridge Inc (EVBG)
KeyBanc analyst Brent Bracelin reiterated a Buy rating on Everbridge Inc yesterday and set a price target of $58. The company’s shares closed yesterday at $47.48.
Bracelin noted:
“We reiterate our Overweight rating and $58 price target. Cross-sell opportunity is driving larger deals.”
According to TipRanks.com, Bracelin is a top 100 analyst with an average return of 21.6% and a 76.1% success rate. Bracelin covers the Technology sector, focusing on stocks such as Tyler Technologies, Salesforce.com, and Ellie Mae Inc.
Currently, the analyst consensus on Everbridge Inc is a Strong Buy with an average price target of $57.
GTT Communications (GTT)
In a report released yesterday, Mike McCormack from Guggenheim reiterated a Hold rating on GTT Communications, with a price target of $41. The company’s shares closed yesterday at $37.90.
According to TipRanks.com, McCormack is a 5-star analyst with an average return of 12.6% and a 77.4% success rate. McCormack covers the Technology sector, focusing on stocks such as Frontier Communications Corporation, Cogent Comms, and Sprint Corp.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for GTT Communications with a $58 average price target.
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