There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Maxar Technologies (MAXR) and Motorsport Games (MSGM) with bullish sentiments.
Maxar Technologies (MAXR)
Canaccord Genuity analyst Kenneth Herbert maintained a Buy rating on Maxar Technologies yesterday and set a price target of $50.00. The company’s shares closed last Wednesday at $33.64.
According to TipRanks.com, Herbert is a top 100 analyst with an average return of 26.5% and a 71.3% success rate. Herbert covers the Technology sector, focusing on stocks such as Aerojet Rocketdyne Holdings, CPI Aerostructures, and Spirit AeroSystems.
Currently, the analyst consensus on Maxar Technologies is a Moderate Buy with an average price target of $48.82, a 29.5% upside from current levels. In a report issued on March 16, Truist Financial also initiated coverage with a Buy rating on the stock with a $59.00 price target.
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Motorsport Games (MSGM)
Canaccord Genuity analyst Michael Graham maintained a Buy rating on Motorsport Games yesterday and set a price target of $40.00. The company’s shares closed last Wednesday at $23.32.
According to TipRanks.com, Graham is a top 100 analyst with an average return of 27.4% and a 65.7% success rate. Graham covers the Technology sector, focusing on stocks such as Uber Technologies, DraftKings, and MediaAlpha.
Currently, the analyst consensus on Motorsport Games is a Moderate Buy with an average price target of $41.00.
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