Analysts have been eager to weigh in on the Technology sector with new ratings on SVMK (SVMK) and CommScope Holding (COMM).
SVMK (SVMK)
Needham analyst Ryan MacDonald reiterated a Buy rating on SVMK today and set a price target of $27.00. The company’s shares closed last Thursday at $22.30.
According to TipRanks.com, MacDonald is a top 100 analyst with an average return of 40.4% and a 80.9% success rate. MacDonald covers the Technology sector, focusing on stocks such as ChannelAdvisor, Coupa Software, and Verint Systems.
SVMK has an analyst consensus of Strong Buy, with a price target consensus of $28.33.
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CommScope Holding (COMM)
Rosenblatt Securities analyst Ryan Koontz maintained a Hold rating on CommScope Holding today and set a price target of $11.00. The company’s shares closed last Thursday at $10.05.
According to TipRanks.com, Koontz is a 5-star analyst with an average return of 24.1% and a 69.0% success rate. Koontz covers the Technology sector, focusing on stocks such as Zoom Video Communications, Applied Optoelectronics, and Juniper Networks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CommScope Holding with a $13.55 average price target.
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