Analysts Conflicted on These Technology Names: Gitlab (GTLB), Ichor Holdings (ICHR) and Backblaze (BLZE)
Analysts have been eager to weigh in on the Technology sector with new ratings on Gitlab (GTLB), Ichor Holdings (ICHR) and Backblaze (BLZE).
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Gitlab (GTLB)
In a report released today, Sanjit Singh from Morgan Stanley maintained a Hold rating on Gitlab, with a price target of $29.00. The company’s shares closed last Monday at $24.59.
According to TipRanks.com, Singh is a 2-star analyst with an average return of
Gitlab has an analyst consensus of Hold, with a price target consensus of $31.16, a 31.5% upside from current levels. In a report issued on April 20, RBC Capital also downgraded the stock to Hold with a $25.00 price target.
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Ichor Holdings (ICHR)
Needham analyst Charles Shi maintained a Buy rating on Ichor Holdings today and set a price target of $72.00. The company’s shares closed last Monday at $69.72.
According to TipRanks.com, Shi is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ichor Holdings with a $64.71 average price target, implying a -5.0% downside from current levels. In a report released yesterday, TipRanks – Google also upgraded the stock to Buy with a $71.00 price target.
Backblaze (BLZE)
In a report released today, Mike Cikos from Needham maintained a Buy rating on Backblaze, with a price target of $8.50. The company’s shares closed last Monday at $4.64.
According to TipRanks.com, Cikos is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Backblaze with a $7.40 average price target, a 67.0% upside from current levels. In a report released today, TipRanks – PerPlexity also upgraded the stock to Buy with a $5.00 price target.
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