Analysts have been eager to weigh in on the Technology sector with new ratings on Ducommun (DCO), Workday (WDAY) and Digital Turbine (APPS).
Ducommun (DCO)
In a report released yesterday, Kenneth Herbert from Canaccord Genuity maintained a Buy rating on Ducommun, with a price target of $68.00. The company’s shares closed last Wednesday at $52.32.
According to TipRanks.com, Herbert is a top 100 analyst with an average return of 26.2% and a 70.8% success rate. Herbert covers the Technology sector, focusing on stocks such as Aerojet Rocketdyne Holdings, Virgin Galactic Holdings, and CPI Aerostructures.
Ducommun has an analyst consensus of Moderate Buy, with a price target consensus of $70.00.
See today’s analyst top recommended stocks >>
Workday (WDAY)
Canaccord Genuity analyst David Hynes maintained a Buy rating on Workday yesterday and set a price target of $300.00. The company’s shares closed last Wednesday at $237.07.
According to TipRanks.com, Hynes is a top 100 analyst with an average return of 30.5% and a 73.5% success rate. Hynes covers the Technology sector, focusing on stocks such as Qualtrics International, ZoomInfo Technologies, and BigCommerce Holdings.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Workday with a $275.33 average price target, which is a 15.4% upside from current levels. In a report issued on May 18, Monness also maintained a Buy rating on the stock with a $280.00 price target.
Digital Turbine (APPS)
In a report released yesterday, Austin Moldow from Canaccord Genuity maintained a Hold rating on Digital Turbine, with a price target of $85.00. The company’s shares closed last Wednesday at $65.57.
Moldow has an average return of 427.9% when recommending Digital Turbine.
According to TipRanks.com, Moldow is ranked #1315 out of 7535 analysts.
Currently, the analyst consensus on Digital Turbine is a Strong Buy with an average price target of $103.20.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on APPS:
