There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Universal Display (OLED) and Yext (YEXT) with bullish sentiments.
Universal Display (OLED)
Oppenheimer analyst Martin Yang maintained a Buy rating on Universal Display today and set a price target of $275.00. The company’s shares closed last Wednesday at $206.12.
According to TipRanks.com, Yang is a 4-star analyst with an average return of 18.1% and a 59.3% success rate. Yang covers the Technology sector, focusing on stocks such as QuickLogic, MagnaChip, and Synaptics.
Currently, the analyst consensus on Universal Display is a Moderate Buy with an average price target of $242.50, which is a 14.0% upside from current levels. In a report issued on February 19, Needham also reiterated a Buy rating on the stock with a $275.00 price target.
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Yext (YEXT)
In a report released today, Ryan MacDonald from Needham reiterated a Buy rating on Yext, with a price target of $17.00. The company’s shares closed last Wednesday at $16.55.
According to TipRanks.com, MacDonald is a top 100 analyst with an average return of 43.4% and a 74.9% success rate. MacDonald covers the Technology sector, focusing on stocks such as Coupa Software, Verint Systems, and ChannelAdvisor.
Currently, the analyst consensus on Yext is a Moderate Buy with an average price target of $16.50.
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