Analysts have been eager to weigh in on the Technology sector with new ratings on Iqiyi (IQ) and Agora (API).
Iqiyi (IQ)
Oppenheimer analyst Bo Pei CFA maintained a Hold rating on Iqiyi today. The company’s shares closed last Monday at $27.77, close to its 52-week high of $28.03.
CFA has an average return of 17.0% when recommending Iqiyi.
According to TipRanks.com, CFA is ranked #5461 out of 7091 analysts.
Iqiyi has an analyst consensus of Hold.
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Agora (API)
Needham analyst Richard Valera maintained a Buy rating on Agora today and set a price target of $50.00. The company’s shares closed last Monday at $41.47.
According to TipRanks.com, Valera is a 5-star analyst with an average return of 16.3% and a 64.9% success rate. Valera covers the Technology sector, focusing on stocks such as Zoom Video Communications, Trimble Navigation, and Altair Engineering.
Currently, the analyst consensus on Agora is a Moderate Buy with an average price target of $48.50.
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