There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Amdocs (DOX), Rada Electronics (RADA) and CrowdStrike Holdings (CRWD) with bullish sentiments.
Amdocs (DOX)
Oppenheimer analyst Timothy Horan assigned a Buy rating to Amdocs today and set a price target of $84.00. The company’s shares closed last Thursday at $73.75.
According to TipRanks.com, Horan is a 5-star analyst with an average return of 19.0% and a 67.8% success rate. Horan covers the Technology sector, focusing on stocks such as Rackspace Technology, Lumen Technologies, and Digital Turbine.
Currently, the analyst consensus on Amdocs is a Strong Buy with an average price target of $83.50, which is a 15.1% upside from current levels. In a report issued on March 31, J.P. Morgan also maintained a Buy rating on the stock.
See today’s analyst top recommended stocks >>
Rada Electronics (RADA)
Canaccord Genuity analyst Kenneth Herbert maintained a Buy rating on Rada Electronics yesterday and set a price target of $16.00. The company’s shares closed last Thursday at $14.07, close to its 52-week high of $14.80.
According to TipRanks.com, Herbert is a top 100 analyst with an average return of 29.4% and a 74.7% success rate. Herbert covers the Technology sector, focusing on stocks such as Aerojet Rocketdyne Holdings, Spirit AeroSystems, and Maxar Technologies.
Currently, the analyst consensus on Rada Electronics is a Strong Buy with an average price target of $17.00.
CrowdStrike Holdings (CRWD)
In a report released today, Alex Henderson from Needham reiterated a Buy rating on CrowdStrike Holdings, with a price target of $275.00. The company’s shares closed last Thursday at $203.45.
According to TipRanks.com, Henderson is a top 100 analyst with an average return of 26.6% and a 65.4% success rate. Henderson covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, Applied Optoelectronics, and CyberArk Software.
CrowdStrike Holdings has an analyst consensus of Strong Buy, with a price target consensus of $253.82, representing a 28.5% upside. In a report released yesterday, Canaccord Genuity also maintained a Buy rating on the stock with a $280.00 price target.
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 CRWD:
