Analysts have been eager to weigh in on the Technology sector with new ratings on Euronet Worldwide (EEFT) and Infinera (INFN).
Euronet Worldwide (EEFT)
In a report released today, Michael Grondahl from Northland Securities maintained a Buy rating on Euronet Worldwide, with a price target of $165.00. The company’s shares closed last Wednesday at $141.38.
According to TipRanks.com, Grondahl is a 5-star analyst with an average return of 26.0% and a 58.1% success rate. Grondahl covers the Financial sector, focusing on stocks such as Altisource Portfolio Solutions SA, International Money Express, and WisdomTree Investments.
Currently, the analyst consensus on Euronet Worldwide is a Strong Buy with an average price target of $176.25.
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Infinera (INFN)
In a report released today, Tim Savageaux from Northland Securities maintained a Hold rating on Infinera, with a price target of $8.00. The company’s shares closed last Wednesday at $8.80.
According to TipRanks.com, Savageaux is a 5-star analyst with an average return of 23.2% and a 63.7% success rate. Savageaux covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Applied Optoelectronics, and Communications Systems.
Infinera has an analyst consensus of Hold, with a price target consensus of $10.25, representing a 18.8% upside. In a report issued on May 13, Wolfe Research also upgraded the stock to Hold with a $10.00 price target.
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