There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on SciPlay (SCPL) and Facebook (FB) with bullish sentiments.
SciPlay (SCPL)
Wedbush analyst Michael Pachter maintained a Buy rating on SciPlay today and set a price target of $22.50. The company’s shares closed last Friday at $13.35.
According to TipRanks.com, Pachter is a 3-star analyst with an average return of 2.0% and a 54.2% success rate. Pachter covers the Technology sector, focusing on stocks such as Alphabet Class A, Unity Software, and Corsair Gaming.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SciPlay with a $18.75 average price target.
See today’s analyst top recommended stocks >>
Facebook (FB)
Rosenblatt Securities analyst Mark Zgutowicz reiterated a Buy rating on Facebook today and set a price target of $325.00. The company’s shares closed last Friday at $263.11.
According to TipRanks.com, Zgutowicz is a 5-star analyst with an average return of 43.7% and a 71.9% success rate. Zgutowicz covers the Technology sector, focusing on stocks such as Spotify Technology SA, Manhattan Associates, and Pinterest.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Facebook with a $318.43 average price target, a 16.0% upside from current levels. In a report issued on October 19, Jefferies also maintained a Buy rating on the stock with a $320.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on FB:
