Skillz (SKLZ) Gets a Buy Rating from Wedbush
Wedbush analyst Michael Pachter initiated coverage with a Buy rating on Skillz (SKLZ) today and set a price target of $34.00. The company’s shares closed last Tuesday at $24.50, close to its 52-week high of $24.69.
According to TipRanks.com, Pachter is a 4-star analyst with an average return of 7.4% and a 61.6% success rate. Pachter covers the Technology sector, focusing on stocks such as Alphabet Class A, Unity Software, and Corsair Gaming.
Skillz has an analyst consensus of Strong Buy, with a price target consensus of $29.67, a 18.7% upside from current levels. In a report released yesterday, Citigroup also initiated coverage with a Buy rating on the stock with a $27.00 price target.
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