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Analysts Offer Insights on Technology Companies: Dave (DAVE) and nLIGHT (LASR)

Tipranks - Sat Mar 14, 10:26AM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Dave (DAVEResearch Report) and nLIGHT (LASRResearch Report) with bullish sentiments.

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Dave (DAVE)

William Blair analyst Andrew Jeffrey maintained a Buy rating on Dave today. The company’s shares closed last Friday at $216.85.

According to TipRanks.com, Jeffrey is a 5-star analyst with an average return of 9.4% and a 57.8% success rate. Jeffrey covers the Technology sector, focusing on stocks such as Circle Internet Group, Inc. Class A, Bill.com Holdings, and Affirm Holdings. ;'>

Dave has an analyst consensus of Strong Buy, with a price target consensus of $314.50, representing a 45.5% upside. In a report issued on March 3, KBW also maintained a Buy rating on the stock with a $295.00 price target.

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nLIGHT (LASR)

Craig-Hallum analyst Greg Palm maintained a Buy rating on nLIGHT today. The company’s shares closed last Friday at $62.80.

According to TipRanks.com, Palm is a 5-star analyst with an average return of 12.5% and a 49.7% success rate. Palm covers the Technology sector, focusing on stocks such as Frequency Electronics, Digital Turbine, and Bel Fuse Inc. ;'>

Currently, the analyst consensus on nLIGHT is a Strong Buy with an average price target of $74.08, implying a 17.1% upside from current levels. In a report issued on March 3, Robert W. Baird also initiated coverage with a Buy rating on the stock with a $95.00 price target.

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