There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on GSX Techedu Inc (GSX) and T Mobile US (TMUS) with bullish sentiments.
GSX Techedu Inc (GSX)
Barclays analyst Gregory Zhao maintained a Buy rating on GSX Techedu Inc on July 28 and set a price target of $16. The company’s shares closed yesterday at $12.95.
According to TipRanks.com, Zhao is a 1-star analyst with an average return of -0.2% and a 48.1% success rate. Zhao covers the Technology sector, focusing on stocks such as NetEase Inc, Baidu Inc, and Weibo.
Currently, the analyst consensus on GSX Techedu Inc is a Moderate Buy with an average price target of $13.
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T Mobile US (TMUS)
Barclays analyst Kannan Venkateshwar maintained a Buy rating on T Mobile US on July 29 and set a price target of $93. The company’s shares closed yesterday at $79.73.
Venkateshwar has an average return of 23.6% when recommending T Mobile US.
According to TipRanks.com, Venkateshwar is ranked #2159 out of 5253 analysts.
Currently, the analyst consensus on T Mobile US is a Strong Buy with an average price target of $91.40, representing a 14.6% upside. In a report issued on July 25, Oppenheimer also reiterated a Buy rating on the stock with a $90 price target.
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