Analysts have been eager to weigh in on the Technology sector with new ratings on Rubicon Project (RUBI), Ooma (OOMA) and American Software (AMSWA).
Rubicon Project (RUBI)
In a report released yesterday, Lee Krowl from B.Riley FBR maintained a Buy rating on Rubicon Project, with a price target of $11.00. The company’s shares closed last Monday at $8.02.
According to TipRanks.com, Krowl is a 4-star analyst with an average return of 20.2% and a 57.5% success rate. Krowl covers the Technology sector, focusing on stocks such as Limelight Networks, Digital Turbine, and Brightcove.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Rubicon Project with a $11.50 average price target, which is a 49.0% upside from current levels. In a report issued on November 7, Stephens also maintained a Buy rating on the stock with a $12.00 price target.
See today’s analyst top recommended stocks >>
Ooma (OOMA)
B.Riley FBR analyst Josh Nichols reiterated a Buy rating on Ooma today and set a price target of $21.50. The company’s shares closed last Monday at $11.15.
According to TipRanks.com, Nichols is a 4-star analyst with an average return of 9.0% and a 36.0% success rate. Nichols covers the Consumer Goods sector, focusing on stocks such as Adesto Technologies, Avid Technology, and Horizon Global.
Ooma has an analyst consensus of Moderate Buy, with a price target consensus of $20.25, an 80.5% upside from current levels. In a report released today, Northland Securities also maintained a Buy rating on the stock with a $19.00 price target.
American Software (AMSWA)
B.Riley FBR analyst Zach Cummins maintained a Hold rating on American Software today and set a price target of $18.00. The company’s shares closed last Monday at $16.42, close to its 52-week high of $17.11.
According to TipRanks.com, Cummins has currently no stars on a ranking scale of 0-5 stars, with an average return of -7.1% and a 40.5% success rate. Cummins covers the Technology sector, focusing on stocks such as ServiceSource International, ChannelAdvisor, and Liveperson.
Currently, the analyst consensus on American Software is a Hold with an average price target of $18.00.
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.
