Analysts have been eager to weigh in on the Technology sector with new ratings on Netgear (NTGR) and Gogo (GOGO).
Netgear (NTGR)
In a report released yesterday, Adam Tindle from Raymond James maintained a Buy rating on Netgear, with a price target of $48.00. The company’s shares closed last Wednesday at $37.83.
According to TipRanks.com, Tindle is a 3-star analyst with an average return of 6.7% and a 51.1% success rate. Tindle covers the Technology sector, focusing on stocks such as Ping Identity Holding, Insight Enterprises, and Motorola Solutions.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Netgear with a $50.00 average price target.
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Gogo (GOGO)
In a report released yesterday, Ric Prentiss from Raymond James maintained a Hold rating on Gogo. The company’s shares closed last Wednesday at $10.30.
According to TipRanks.com, Prentiss is a 4-star analyst with an average return of 4.6% and a 67.6% success rate. Prentiss covers the Technology sector, focusing on stocks such as Shenandoah Telecommunications Co, Telephone & Data Systems, and Iridium Communications.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Gogo with a $13.00 average price target.
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