There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Shotspotter (SSTI) and BigCommerce Holdings (BIGC) with bullish sentiments.
Shotspotter (SSTI)
Northland Securities analyst Michael Latimore maintained a Buy rating on Shotspotter today and set a price target of $49.00. The company’s shares closed last Tuesday at $30.84.
According to TipRanks.com, Latimore is a 5-star analyst with an average return of 27.6% and a 54.2% success rate. Latimore covers the Technology sector, focusing on stocks such as Comtech Telecommunications, Synchronoss Technologies, and Ribbon Communications.
Currently, the analyst consensus on Shotspotter is a Strong Buy with an average price target of $47.33.
See today’s analyst top recommended stocks >>
BigCommerce Holdings (BIGC)
Needham analyst Scott Berg assigned a Buy rating to BigCommerce Holdings today and set a price target of $60.00. The company’s shares closed last Tuesday at $46.47, close to its 52-week low of $43.80.
According to TipRanks.com, Berg is a top 100 analyst with an average return of 27.7% and a 67.0% success rate. Berg covers the Technology sector, focusing on stocks such as GTY Technology Holdings, Cornerstone Ondemand, and Tyler Technologies.
Currently, the analyst consensus on BigCommerce Holdings is a Moderate Buy with an average price target of $61.63.
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