Wall Street Analysts Are Bullish on Top Technology Picks


There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on RumbleON Inc (NASDAQ:RMBL) and First Data Corp (NYSE:FDC) with bullish sentiments.

RumbleON Inc (RMBL)

In a report released today, Darren Aftahi from Roth Capital maintained a Buy rating on RumbleON Inc, with a price target of $10. The company’s shares opened today at $6.85.

According to TipRanks.com, Aftahi is a 5-star analyst with an average return of 9.1% and a 48.4% success rate. Aftahi covers the Technology sector, focusing on stocks such as Digital Turbine Inc, The Meet Group Inc, and Mitek Systems Inc.

Currently, the analyst consensus on RumbleON Inc is a Moderate Buy with an average price target of $11.50.

See today’s analyst top recommended stocks >>

First Data Corp (FDC)

In a report released today, Glenn Greene from Oppenheimer maintained a Buy rating on First Data Corp. The company’s shares opened today at $19.33.

According to TipRanks.com, Greene is a top 25 analyst with an average return of 19.6% and a 77.7% success rate. Greene covers the Technology sector, focusing on stocks such as Jack Henry & Associates, Fidelity National Info, and Total System Services.

First Data Corp has an analyst consensus of Strong Buy, with a price target consensus of $28.61, which is a 48.0% upside from current levels. In a report issued on October 19, Robert W. Baird also maintained a Buy rating on the stock with a $30 price target.

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