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Analysts’ Top Technology Picks: Badger Meter (BMI), Allient (ALNT)

Tipranks - Tipranks - Thu Apr 9, 9:24PM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Badger Meter (BMI) and Allient (ALNT) with bullish sentiments.

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Badger Meter (BMI)

RBC Capital analyst Jeff Reive maintained a Buy rating on Badger Meter on April 7 and set a price target of $197.00. The company’s shares closed last Wednesday at $154.27, close to its 52-week low of $151.18.

According to TipRanks.com, Reive is a 1-star analyst with an average return of -14.3% and a 18.2% success rate. Reive covers the Industrial Goods sector, focusing on stocks such as Advanced Drainage Systems, Watts Water Technologies, and Mueller Water Products. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Badger Meter with a $177.88 average price target, representing a 13.4% upside. In a report issued on March 30, Robert W. Baird also upgraded the stock to Buy with a $173.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Allient (ALNT)

Craig-Hallum analyst Greg Palm maintained a Buy rating on Allient yesterday. The company’s shares closed last Wednesday at $64.70.

According to TipRanks.com, Palm is a 5-star analyst with an average return of 12.3% and a 49.4% success rate. Palm covers the Technology sector, focusing on stocks such as Digital Turbine, Bel Fuse Inc, and 3D Systems. ;'>

Currently, the analyst consensus on Allient is a Moderate Buy with an average price target of $72.67.

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