Skip to main content

Analysts Offer Insights on Technology Companies: Fastly (FSLY), Broadcom (AVGO) and DoubleVerify Holdings (DV)

Tipranks - Tue Mar 3, 6:12AM CST

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Fastly (FSLYResearch Report), Broadcom (AVGOResearch Report) and DoubleVerify Holdings (DVResearch Report).

Claim 70% Off TipRanks Premium

Fastly (FSLY)

RBC Capital analyst Rishi Jaluria maintained a Hold rating on Fastly on February 27 and set a price target of $20.00. The company’s shares closed last Friday at $19.12.

According to TipRanks.com, Jaluria is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -6.7% and a 47.6% success rate. Jaluria covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Zoom Video Communications, and ZoomInfo Technologies. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fastly with a $15.00 average price target, representing a -14.3% downside. In a report issued on February 12, Piper Sandler also maintained a Hold rating on the stock with a $14.00 price target.

See today’s best-performing stocks on TipRanks >>

Broadcom (AVGO)

In a report released yesterday, Srini Pajjuri from RBC Capital maintained a Hold rating on Broadcom, with a price target of $340.00. The company’s shares closed last Friday at $319.55.

According to TipRanks.com, Pajjuri is a 5-star analyst with an average return of 34.3% and a 72.9% success rate. Pajjuri covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Lattice Semiconductor, and ARM Holdings PLC ADR. ;'>

Currently, the analyst consensus on Broadcom is a Strong Buy with an average price target of $449.44.

DoubleVerify Holdings (DV)

In a report released today, Alec Brondolo from Wells Fargo maintained a Sell rating on DoubleVerify Holdings, with a price target of $9.00. The company’s shares closed last Friday at $10.54.

According to TipRanks.com, Brondolo is a 2-star analyst with an average return of 2.7% and a 43.5% success rate. Brondolo covers the NA sector, focusing on stocks such as Zillow Group Class A, Trade Desk, and Criteo SA. ;'>

DoubleVerify Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $13.33.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.