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Analysts Offer Insights on Technology Companies: Sportradar Group AG (SRAD), Endava (DAVA) and Array Technologies (ARRY)

Tipranks - Tipranks - Tue Jan 27, 7:28AM CST

Analysts fell to the sidelines weighing in on Sportradar Group AG (SRAD – Research Report), Endava (DAVA – Research Report) and Array Technologies (ARRY – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Sportradar Group AG (SRAD)

In a report released today, Stephen Grambling from Morgan Stanley maintained a Hold rating on Sportradar Group AG, with a price target of $26.00. The company’s shares closed last Friday at $18.16.

According to TipRanks.com, Grambling is a 5-star analyst with an average return of 7.5% and a 62.0% success rate. Grambling covers the NA sector, focusing on stocks such as Marriott Vacations Worldwide Corporation, Hilton Worldwide Holdings, and Life Time Group Holdings. ;'>

Currently, the analyst consensus on Sportradar Group AG is a Strong Buy with an average price target of $31.43, which is a 67.4% upside from current levels. In a report issued on January 15, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $21.50 price target.

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Endava (DAVA)

Morgan Stanley analyst James Faucette maintained a Hold rating on Endava today and set a price target of $8.00. The company’s shares closed last Friday at $6.99.

According to TipRanks.com, Faucette is a 4-star analyst with an average return of 4.3% and a 62.8% success rate. Faucette covers the Technology sector, focusing on stocks such as Broadridge Financial Solutions, Kyndryl Holdings Incorporation, and Automatic Data Processing. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Endava with a $10.00 average price target, a 46.8% upside from current levels. In a report issued on January 24, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $7.50 price target.

Array Technologies (ARRY)

Morgan Stanley analyst David Arcaro maintained a Hold rating on Array Technologies today and set a price target of $9.00. The company’s shares closed last Friday at $10.53.

According to TipRanks.com, Arcaro is a 5-star analyst with an average return of 13.1% and a 61.8% success rate. Arcaro covers the Utilities sector, focusing on stocks such as Public Service Enterprise, American Electric Power, and Pinnacle West Capital. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Array Technologies with a $10.50 average price target, which is a -4.5% downside from current levels. In a report issued on January 14, Barclays also maintained a Hold rating on the stock with a $9.00 price target.

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