Wall Street Analysts Are Bullish on Top Technology Picks
There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Adyen (ADYYF) and Dynatrace (DT) with bullish sentiments.
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Adyen (ADYYF)
In a report released today, Justin Forsythe from UBS maintained a Buy rating on Adyen, with a price target of EUR1600.00. The company’s shares closed last Monday at $1165.00, close to its 52-week low of $1084.62.
Forsythe has an average return of
According to TipRanks.com, Forsythe is ranked #3772 out of 12209 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Adyen with a $1671.87 average price target, which is a 49.5% upside from current levels. In a report issued on April 15, Jefferies also maintained a Buy rating on the stock with a EUR1240.00 price target.
See the top stocks recommended by analysts >>
Dynatrace (DT)
Dynatrace received a Buy rating and a $45.00 price target from Goldman Sachs analyst Matthew Martino today. The company’s shares closed last Monday at $35.44.
According to TipRanks.com, Martino is a 1-star analyst with an average return of
Dynatrace has an analyst consensus of Strong Buy, with a price target consensus of $48.74, representing a 37.0% upside. In a report issued on April 13, RBC Capital also maintained a Buy rating on the stock with a $50.00 price target.
Read More on ADYYF:
Disclaimer & DisclosureReport an Issue
- Adyen: Benefiting From Resilient U.S. Card Spending and Stable Inflation Backdrop Supporting a Buy Rating
- Adyen: Fundamental Resilience, Enhanced Transparency, and Embedded Finance Initiatives Underpin Buy Rating Despite Near-Term Headwinds
- Adyen: Attractive Valuation and Profit Growth Support Buy Rating, but Re‑rating Hinges on Restored Guidance Outperformance
