There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Liveperson (LPSN) and Docebo (DCBOF) with bullish sentiments.
Liveperson (LPSN)
In a report released today, Michael Latimore from Northland Securities maintained a Buy rating on Liveperson, with a price target of $70.00. The company’s shares closed last Thursday at $51.73.
According to TipRanks.com, Latimore is a 5-star analyst with an average return of 17.8% and a 56.3% success rate. Latimore covers the Technology sector, focusing on stocks such as Comtech Telecommunications, Synchronoss Technologies, and Ribbon Communications.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Liveperson with a $71.17 average price target, which is a 35.6% upside from current levels. In a report issued on October 30, Mizuho Securities also maintained a Buy rating on the stock with a $75.00 price target.
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Docebo (DCBOF)
In a report released yesterday, Robert Young from Canaccord Genuity maintained a Buy rating on Docebo, with a price target of C$70.00. The company’s shares closed last Monday at $45.00, equals to its 52-week high of $45.00.
According to TipRanks.com, Young is a 5-star analyst with an average return of 21.5% and a 66.5% success rate. Young covers the Technology sector, focusing on stocks such as Spectra7 Micro, Descartes, and Celestica.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Docebo with a $46.93 average price target.
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