There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Remark Holdings (MARK) and Cerence (CRNC) with bullish sentiments.
Remark Holdings (MARK)
In a report released yesterday, Darren Aftahi from Roth Capital maintained a Buy rating on Remark Holdings, with a price target of $10.50. The company’s shares closed last Wednesday at $2.28.
According to TipRanks.com, Aftahi is a top 100 analyst with an average return of 49.7% and a 57.5% success rate. Aftahi covers the Technology sector, focusing on stocks such as Fathom Holdings, Digital Turbine, and Glu Mobile.
Remark Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $10.50.
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Cerence (CRNC)
In a report released today, Rajvindra Gill from Needham reiterated a Buy rating on Cerence, with a price target of $155.00. The company’s shares closed last Wednesday at $89.58.
According to TipRanks.com, Gill is a 5-star analyst with an average return of 15.8% and a 65.7% success rate. Gill covers the Technology sector, focusing on stocks such as Sequans Communications S A, Smart Global Holdings, and Everspin Technologies.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cerence with a $124.33 average price target.
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