Analysts have been eager to weigh in on the Technology sector with new ratings on Glu Mobile (GLUU) and FireEye (FEYE).
Glu Mobile (GLUU)
Wedbush analyst Michael Pachter maintained a Buy rating on Glu Mobile today and set a price target of $7.50. The company’s shares closed last Monday at $6.45.
According to TipRanks.com, Pachter is a 3-star analyst with an average return of 1.5% and a 52.1% success rate. Pachter covers the Services sector, focusing on stocks such as Cinemark Holdings, AMC Entertainment, and Best Buy Co.
Glu Mobile has an analyst consensus of Strong Buy, with a price target consensus of $7.50, a 18.5% upside from current levels. In a report released today, Piper Sandler also maintained a Buy rating on the stock with a $8.00 price target.
See today’s analyst top recommended stocks >>
FireEye (FEYE)
Wedbush analyst Daniel Ives maintained a Hold rating on FireEye today and set a price target of $15.00. The company’s shares closed last Monday at $16.00.
According to TipRanks.com, Ives is a 5-star analyst with an average return of 8.5% and a 62.8% success rate. Ives covers the Technology sector, focusing on stocks such as Nuance Communications, Slack Technologies, and Uber Technologies.
FireEye has an analyst consensus of Moderate Buy, with a price target consensus of $20.25, a 25.1% upside from current levels. In a report issued on January 30, Evercore ISI also assigned a Hold rating to the stock.
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.