Analysts’ Opinions Are Mixed on These Technology Stocks: Affirm Holdings (AFRM), Cadence Design (CDNS) and Fastly (FSLY)
Analysts have been eager to weigh in on the Technology sector with new ratings on Affirm Holdings (AFRM – Research Report), Cadence Design (CDNS – Research Report) and Fastly (FSLY – Research Report).
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Affirm Holdings (AFRM)
Wells Fargo analyst Jason Kupferberg reiterated a Buy rating on Affirm Holdings today and set a price target of $89.00. The company’s shares closed last Wednesday at $56.54.
According to TipRanks.com, Kupferberg has 0 stars on 0-5 stars ranking scale with an average return of
Currently, the analyst consensus on Affirm Holdings is a Strong Buy with an average price target of $87.22, implying a 44.8% upside from current levels. In a report issued on January 28, Rothschild & Co Redburn also maintained a Buy rating on the stock with a $107.00 price target.
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Cadence Design (CDNS)
Oppenheimer analyst Edward Yang maintained a Hold rating on Cadence Design today and set a price target of $275.00. The company’s shares closed last Wednesday at $299.65.
According to TipRanks.com, Yang is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cadence Design with a $362.50 average price target, a 20.4% upside from current levels. In a report issued on February 4, TipRanks – OpenAI also downgraded the stock to Hold with a $292.00 price target.
Fastly (FSLY)
In a report released today, Param Singh from Oppenheimer maintained a Hold rating on Fastly. The company’s shares closed last Wednesday at $9.31.
According to TipRanks.com, Singh is a 1-star analyst with an average return of
Fastly has an analyst consensus of Moderate Buy, with a price target consensus of $11.25, which is a 21.0% upside from current levels. In a report issued on February 9, D.A. Davidson also maintained a Hold rating on the stock with a $9.00 price target.
