Analysts Offer Insights on Technology Companies: eGain (EGAN), Microsoft (MSFT) and Cerence (CRNC)
Analysts fell to the sidelines weighing in on eGain (EGAN – Research Report), Microsoft (MSFT – Research Report) and Cerence (CRNC – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
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eGain (EGAN)
B. Riley Securities analyst Erik Suppiger reiterated a Hold rating on eGain today and set a price target of $10.50. The company’s shares closed last Thursday at $9.65.
According to TipRanks.com, Suppiger is a 5-star analyst with an average return of
Currently, the analyst consensus on eGain is a Moderate Buy with an average price target of $14.50, implying a 51.8% upside from current levels. In a report released yesterday, TipRanks – Anthropic also downgraded the stock to Hold with a $10.50 price target.
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Microsoft (MSFT)
In a report released today, Michael Turrin from Wells Fargo maintained a Hold rating on Microsoft. The company’s shares closed last Thursday at $404.62.
According to TipRanks.com, Turrin is a 3-star analyst with an average return of
Microsoft has an analyst consensus of Strong Buy, with a price target consensus of $598.49, a 44.5% upside from current levels. In a report issued on January 30, TipRanks – xAI also downgraded the stock to Hold with a $473.00 price target.
Cerence (CRNC)
In a report released today, Jeff Van Rhee from Craig-Hallum maintained a Hold rating on Cerence, with a price target of $10.00. The company’s shares closed last Thursday at $7.56.
According to TipRanks.com, Rhee is a 5-star analyst with an average return of
Currently, the analyst consensus on Cerence is a Hold with an average price target of $11.00, implying a 2.0% upside from current levels. In a report released today, TD Cowen also maintained a Hold rating on the stock with a $12.00 price target.
