Analysts have been eager to weigh in on the Technology sector with new ratings on Dynatrace (DT), Match Group (MTCH) and Nuvei Corp. (NUVCF).
Dynatrace (DT)
In a report released today, Keith Bachman from BMO Capital maintained a Buy rating on Dynatrace, with a price target of $58.00. The company’s shares closed last Tuesday at $44.60.
According to TipRanks.com, Bachman is a 5-star analyst with an average return of 16.3% and a 64.0% success rate. Bachman covers the Technology sector, focusing on stocks such as International Business Machines, TELUS International (CDA), and Qualtrics International.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Dynatrace with a $60.38 average price target, which is a 38.1% upside from current levels. In a report issued on April 30, RBC Capital also maintained a Buy rating on the stock with a $61.00 price target.
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Match Group (MTCH)
In a report released today, Daniel Salmon from BMO Capital maintained a Hold rating on Match Group, with a price target of $160.00. The company’s shares closed last Tuesday at $142.94.
According to TipRanks.com, Salmon is a 5-star analyst with an average return of 19.9% and a 69.9% success rate. Salmon covers the Technology sector, focusing on stocks such as LiveRamp Holdings, Alphabet Class A, and Facebook.
Match Group has an analyst consensus of Moderate Buy, with a price target consensus of $168.00, which is a 22.2% upside from current levels. In a report issued on May 7, Wells Fargo also maintained a Hold rating on the stock with a $160.00 price target.
Nuvei Corp. (NUVCF)
BMO Capital analyst James Fotheringham maintained a Hold rating on Nuvei Corp. today and set a price target of $67.00. The company’s shares closed last Monday at $67.61.
According to TipRanks.com, Fotheringham is a 5-star analyst with an average return of 20.9% and a 75.8% success rate. Fotheringham covers the Financial sector, focusing on stocks such as International Money Express, Discover Financial Services, and Victory Capital Holdings.
Currently, the analyst consensus on Nuvei Corp. is a Strong Buy with an average price target of $78.10.
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