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Analysts Have Conflicting Sentiments on These Technology Companies: Super Micro Computer (SMCI), Flex (FLEX) and Dave (DAVE)

Tipranks - Thu May 7, 6:36AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Super Micro Computer (SMCI), Flex (FLEX) and Dave (DAVE).

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Super Micro Computer (SMCI)

Bernstein analyst Mark Newman maintained a Hold rating on Super Micro Computer today and set a price target of $37.00. The company’s shares closed last Tuesday at $27.83, close to its 52-week low of $17.25.

According to TipRanks.com, Newman is a 5-star analyst with an average return of 75.6% and a 79.6% success rate. Newman covers the Technology sector, focusing on stocks such as International Business Machines, Dell Technologies, and Western Digital. ;'>

Super Micro Computer has an analyst consensus of Hold, with a price target consensus of $30.75, which is an 8.8% upside from current levels. In a report issued on April 21, Citi also maintained a Hold rating on the stock with a $28.81 price target.

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Flex (FLEX)

Goldman Sachs analyst Mark Delaney maintained a Buy rating on Flex yesterday and set a price target of $84.00. The company’s shares closed last Tuesday at $96.45.

According to TipRanks.com, Delaney is a 5-star analyst with an average return of 22.9% and a 64.3% success rate. Delaney covers the Technology sector, focusing on stocks such as Keysight Technologies, TE Connectivity, and Cerence. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Flex with a $85.20 average price target, implying a -8.5% downside from current levels. In a report issued on April 20, TipRanks – Google also upgraded the stock to Buy with a $94.00 price target.

Dave (DAVE)

In a report released today, Joseph Vafi from Canaccord Genuity maintained a Buy rating on Dave, with a price target of $342.00. The company’s shares closed last Tuesday at $263.81.

According to TipRanks.com, Vafi is a 5-star analyst with an average return of 24.9% and a 47.6% success rate. Vafi covers the Technology sector, focusing on stocks such as Circle Internet Group, Inc. Class A, Pagaya Technologies Ltd, and Core Scientific Inc. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Dave with a $316.57 average price target, which is a 12.9% upside from current levels. In a report issued on April 30, William Blair also maintained a Buy rating on the stock.

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