Analysts’ Opinions Are Mixed on These Technology Stocks: Unusual Machines Inc. (UMAC), Procore Technologies (PCOR) and Fortinet (FTNT)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Unusual Machines Inc. (UMAC – Research Report), Procore Technologies (PCOR – Research Report) and Fortinet (FTNT – Research Report).
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Unusual Machines Inc. (UMAC)
In a report released yesterday, Matthew Galinko from Maxim Group maintained a Buy rating on Unusual Machines Inc., with a price target of $21.00. The company’s shares closed last Tuesday at $18.50.
According to TipRanks.com, Galinko is a 5-star analyst with an average return of
Currently, the analyst consensus on Unusual Machines Inc. is a Moderate Buy with an average price target of $20.50, which is a 18.4% upside from current levels. In a report issued on February 25, Needham also reiterated a Buy rating on the stock with a $20.00 price target.
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Procore Technologies (PCOR)
In a report released today, Siti Panigrahi from Mizuho Securities maintained a Hold rating on Procore Technologies. The company’s shares closed last Tuesday at $57.42.
According to TipRanks.com, Panigrahi has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
Procore Technologies has an analyst consensus of Strong Buy, with a price target consensus of $73.85, implying a 26.4% upside from current levels. In a report issued on March 5, TipRanks – PerPlexity also downgraded the stock to Hold with a $63.00 price target.
Fortinet (FTNT)
In a report released today, Gregg Moskowitz from Mizuho Securities maintained a Sell rating on Fortinet, with a price target of $74.00. The company’s shares closed last Tuesday at $84.20.
According to TipRanks.com, Moskowitz is a 3-star analyst with an average return of
Currently, the analyst consensus on Fortinet is a Hold with an average price target of $87.70, which is a 4.1% upside from current levels. In a report issued on March 3, Wells Fargo also initiated coverage with a Sell rating on the stock with a $64.00 price target.
