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Analysts Offer Insights on Technology Companies: Adtran (ADTN) and Affirm Holdings (AFRM)

Tipranks - Tipranks - Sat Feb 28, 9:40AM CST

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Adtran (ADTN – Research Report) and Affirm Holdings (AFRM – Research Report).

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Adtran (ADTN)

Craig-Hallum analyst Christian Schwab reiterated a Buy rating on Adtran today and set a price target of $15.00. The company’s shares closed last Friday at $10.10.

According to TipRanks.com, Schwab is a 5-star analyst with an average return of 22.8% and a 60.0% success rate. Schwab covers the Technology sector, focusing on stocks such as Ribbon Communications, Ultra Clean Holdings, and Axcelis Technologies. ;'>

Adtran has an analyst consensus of Strong Buy, with a price target consensus of $14.28, implying a 44.1% upside from current levels. In a report released yesterday, Warburg Research also maintained a Buy rating on the stock with a EUR10.50 price target.

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Affirm Holdings (AFRM)

In a report released yesterday, Vincent Caintic from BTIG maintained a Hold rating on Affirm Holdings. The company’s shares closed last Friday at $47.07.

According to TipRanks.com, Caintic is a 1-star analyst with an average return of -0.3% and a 44.7% success rate. Caintic covers the Financial sector, focusing on stocks such as Bread Financial Holdings, Capital One Financial, and Synchrony Financial. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Affirm Holdings with a $84.80 average price target, implying a 74.6% upside from current levels. In a report issued on February 23, Robert W. Baird also initiated coverage with a Hold rating on the stock with a $55.00 price target.

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