There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Arlo Technologies Inc (ARLO) and Total System Services (TSS) with bullish sentiments.
Arlo Technologies Inc (ARLO)
In a report issued on December 4, Jeff Osborne from Cowen & Co. maintained a Buy rating on Arlo Technologies Inc, with a price target of $25. The company’s shares closed on Friday at $9.04, close to its 52-week low of $8.76.
According to TipRanks.com, Osborne is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -5.2% and a 37.6% success rate. Osborne covers the Industrial Goods sector, focusing on stocks such as Ballard Power Systems, TPI Composites Inc, and Fuelcell Energy.
Currently, the analyst consensus on Arlo Technologies Inc is a Moderate Buy with an average price target of $32.
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Total System Services (TSS)
Cowen & Co. analyst Georgios Mihalos maintained a Buy rating on Total System Services on December 4 and set a price target of $115. The company’s shares closed on Friday at $84.89.
Mihalos has an average return of 22.0% when recommending Total System Services.
According to TipRanks.com, Mihalos is ranked #106 out of 5106 analysts.
Currently, the analyst consensus on Total System Services is a Moderate Buy with an average price target of $107.27.
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