There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Aterian (ATER) and IAC/InterActive (IAC) with bullish sentiments.
In a report released today, Matt Koranda from Roth Capital maintained a Buy rating on Aterian, with a price target of $25.00. The company’s shares closed last Friday at $15.50.
Koranda has an average return of 159.2% when recommending Aterian.
According to TipRanks.com, Koranda is ranked #1670 out of 7547 analysts.
Aterian has an analyst consensus of Strong Buy, with a price target consensus of $37.25, implying a 140.3% upside from current levels. In a report issued on June 9, BTIG also maintained a Buy rating on the stock with a $36.00 price target.
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Piper Sandler analyst Thomas Champion maintained a Buy rating on IAC/InterActive today and set a price target of $180.00. The company’s shares closed last Friday at $150.51.
According to TipRanks.com, Champion is a 4-star analyst with an average return of 11.4% and a 53.9% success rate. Champion covers the Technology sector, focusing on stocks such as Zillow Group Class A, Alphabet Class A, and VIZIO Holding.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for IAC/InterActive with a $249.10 average price target, which is a 63.3% upside from current levels. In a report issued on June 4, Truist Financial also maintained a Buy rating on the stock with a $200.00 price target.
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