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Analysts Conflicted on These Technology Names: Ambarella (AMBA), Duolingo (DUOL) and Caci International (CACI)

Tipranks - Thu Jun 18, 9:02AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Ambarella (AMBA), Duolingo (DUOL) and Caci International (CACI).

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Ambarella (AMBA)

In a report released today, Gus Richard from Northland Securities maintained a Buy rating on Ambarella, with a price target of $101.00. The company’s shares closed last Wednesday at $67.12.

According to TipRanks.com, Richard is a 5-star analyst with an average return of 28.1% and a 59.5% success rate. Richard covers the Technology sector, focusing on stocks such as Advanced Micro Devices, SolarEdge Technologies, and Power Integrations. ;'>

Currently, the analyst consensus on Ambarella is a Moderate Buy with an average price target of $101.56.

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Duolingo (DUOL)

D.A. Davidson analyst Wyatt Swanson maintained a Hold rating on Duolingo today. The company’s shares closed last Wednesday at $131.50.

According to TipRanks.com, Swanson is a 3-star analyst with an average return of 9.1% and a 51.7% success rate. Swanson covers the NA sector, focusing on stocks such as Reddit Inc Class A, Take-Two, and Roblox. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Duolingo with a $106.43 average price target, which is a -16.7% downside from current levels. In a report issued on June 4, KeyBanc also maintained a Hold rating on the stock.

Caci International (CACI)

In a report released today, Tobey Sommer from Truist Financial maintained a Buy rating on Caci International. The company’s shares closed last Wednesday at $504.72.

According to TipRanks.com, Sommer is a 4-star analyst with an average return of 4.5% and a 53.2% success rate. Sommer covers the Industrial Goods sector, focusing on stocks such as Andersen Group, Inc. Class A, Amentum Holdings, Inc., and GFL Environmental. ;'>

Caci International has an analyst consensus of Moderate Buy, with a price target consensus of $642.00, a 28.7% upside from current levels. In a report issued on June 15, J.P. Morgan also assigned a Buy rating to the stock with a $645.00 price target.

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