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Analysts’ Opinions Are Mixed on These Technology Stocks: Palladyne AI Corp (PDYN) and Shift4 Payments (FOUR)

Tipranks - Tue Mar 10, 6:58PM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Palladyne AI Corp (PDYNResearch Report) and Shift4 Payments (FOURResearch Report).

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Palladyne AI Corp (PDYN)

Jefferies analyst Greg Konrad maintained a Hold rating on Palladyne AI Corp today and set a price target of $8.00. The company’s shares closed last Monday at $7.82.

According to TipRanks.com, Konrad is a 1-star analyst with an average return of -4.5% and a 46.1% success rate. Konrad covers the Industrial Goods sector, focusing on stocks such as BlackSky Technology, AeroVironment, and Redwire. ;'>

Palladyne AI Corp has an analyst consensus of Moderate Buy, with a price target consensus of $11.00, a 35.5% upside from current levels. In a report issued on March 5, TipRanks – PerPlexity also upgraded the stock to Hold with a $7.50 price target.

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Shift4 Payments (FOUR)

In a report released today, Andrew Harte from BTIG maintained a Buy rating on Shift4 Payments, with a price target of $70.00. The company’s shares closed last Monday at $47.24.

According to TipRanks.com, Harte is a 1-star analyst with an average return of -0.4% and a 27.1% success rate. Harte covers the Technology sector, focusing on stocks such as Exodus Movement, Inc. Class A, Bill.com Holdings, and Par Technology. ;'>

Currently, the analyst consensus on Shift4 Payments is a Moderate Buy with an average price target of $73.06, representing a 56.3% upside. In a report issued on February 26, RBC Capital also maintained a Buy rating on the stock with a $73.00 price target.

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