There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Transdigm Group (TDG) and Motorsport Games (MSGM) with bullish sentiments.
Transdigm Group (TDG)
Canaccord Genuity analyst Kenneth Herbert maintained a Buy rating on Transdigm Group yesterday and set a price target of $660.00. The company’s shares closed last Friday at $605.00, close to its 52-week high of $660.02.
According to TipRanks.com, Herbert is a top 100 analyst with an average return of 29.7% and a 73.8% success rate. Herbert covers the Technology sector, focusing on stocks such as Aerojet Rocketdyne Holdings, CPI Aerostructures, and Maxar Technologies.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Transdigm Group with a $639.08 average price target.
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Motorsport Games (MSGM)
In a report released today, Michael Graham from Canaccord Genuity initiated coverage with a Buy rating on Motorsport Games and a price target of $40.00. The company’s shares closed last Friday at $32.66.
According to TipRanks.com, Graham is a 5-star analyst with an average return of 29.7% and a 67.3% success rate. Graham covers the Technology sector, focusing on stocks such as Uber Technologies, DraftKings, and MediaAlpha.
Motorsport Games has an analyst consensus of Moderate Buy, with a price target consensus of $40.00.
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