Analysts Conflicted on These Technology Names: Innodata (INOD), Lam Research (LRCX) and C3ai (AI)
Analysts have been eager to weigh in on the Technology sector with new ratings on Innodata (INOD), Lam Research (LRCX) and C3ai (AI).
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Innodata (INOD)
In a report released today, Daniel Ives from Wedbush assigned a Buy rating to Innodata, with a price target of $120.00. The company’s shares closed last Thursday at $102.59.
According to TipRanks.com, Ives is a 5-star analyst with an average return of
Currently, the analyst consensus on Innodata is a Strong Buy with an average price target of $105.25, which is a -2.8% downside from current levels. In a report issued on May 30, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $119.00 price target.
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Lam Research (LRCX)
Evercore ISI analyst Mark Lipacis maintained a Buy rating on Lam Research today and set a price target of $300.00. The company’s shares closed last Thursday at $333.09.
According to TipRanks.com, Lipacis is a top 25 analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Lam Research with a $323.84 average price target, representing a -5.8% downside. In a report issued on June 1, Wells Fargo also maintained a Buy rating on the stock with a $365.00 price target.
C3ai (AI)
Needham analyst Mike Cikos maintained a Hold rating on C3ai today. The company’s shares closed last Thursday at $10.71.
According to TipRanks.com, Cikos is a 5-star analyst with an average return of
Currently, the analyst consensus on C3ai is a Moderate Sell with an average price target of $8.83, implying a -17.6% downside from current levels. In a report released today, UBS also maintained a Hold rating on the stock with a $12.00 price target.
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