There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Extreme Networks (EXTR), Ooma (OOMA) and Opera (OPRA) with bullish sentiments.
Extreme Networks (EXTR)
B.Riley FBR analyst Dave Kang maintained a Buy rating on Extreme Networks today and set a price target of $9.00. The company’s shares closed last Tuesday at $4.51.
According to TipRanks.com, Kang is a 5-star analyst with an average return of 22.2% and a 68.5% success rate. Kang covers the Technology sector, focusing on stocks such as Applied Optoelectronics, DASAN Zhone Solutions, and Acacia Communications.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Extreme Networks with a $7.00 average price target.
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Ooma (OOMA)
In a report released today, Josh Nichols from B.Riley FBR reiterated a Buy rating on Ooma, with a price target of $22.00. The company’s shares closed last Tuesday at $15.96.
According to TipRanks.com, Nichols is a 4-star analyst with an average return of 6.8% and a 41.1% success rate. Nichols covers the Technology sector, focusing on stocks such as Smith Micro Software, Avid Technology, and RF Industries.
Ooma has an analyst consensus of Strong Buy, with a price target consensus of $22.00, implying a 44.5% upside from current levels. In a report released today, Northland Securities also assigned a Buy rating to the stock with a $22.00 price target.
Opera (OPRA)
In a report released today, Lee Krowl from B.Riley FBR maintained a Buy rating on Opera, with a price target of $11.50. The company’s shares closed last Tuesday at $9.16.
According to TipRanks.com, Krowl is a 5-star analyst with an average return of 51.4% and a 58.6% success rate. Krowl covers the Technology sector, focusing on stocks such as Limelight Networks, Digital Turbine, and Brightcove.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Opera with a $11.50 average price target, a 42.9% upside from current levels. In a report issued on August 24, Lake Street also maintained a Buy rating on the stock with a $11.00 price target.
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