There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Appian (APPN) and Smart Global Holdings (SGH) with bullish sentiments.
Appian (APPN)
Needham analyst Jack Andrews assigned a Buy rating to Appian today and set a price target of $190.00. The company’s shares closed last Tuesday at $88.77.
According to TipRanks.com, Andrews is a 5-star analyst with an average return of 21.8% and a 58.1% success rate. Andrews covers the Technology sector, focusing on stocks such as LiveRamp Holdings, CommVault Systems, and Pegasystems.
Appian has an analyst consensus of Hold, with a price target consensus of $148.60.
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Smart Global Holdings (SGH)
Needham analyst Rajvindra Gill reiterated a Buy rating on Smart Global Holdings today and set a price target of $65.00. The company’s shares closed last Tuesday at $44.04.
According to TipRanks.com, Gill is a 5-star analyst with an average return of 14.6% and a 64.6% success rate. Gill covers the Technology sector, focusing on stocks such as Sequans Communications S A, Everspin Technologies, and Silicon Laboratories.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Smart Global Holdings with a $63.75 average price target.
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