Analysts Offer Insights on Technology Companies: Methode Electronics (MEI), Allient (ALNT) and Dave (DAVE)
There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Methode Electronics (MEI – Research Report), Allient (ALNT – Research Report) and Dave (DAVE – Research Report) with bullish sentiments.
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Methode Electronics (MEI)
In a report released today, John Franzreb from Sidoti maintained a Buy rating on Methode Electronics, with a price target of $10.00. The company’s shares closed last Tuesday at $8.03.
According to TipRanks.com, Franzreb is ranked #2365 out of 12144 analysts.
Currently, the analyst consensus on Methode Electronics is a Moderate Buy with an average price target of $9.25.
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Allient (ALNT)
In a report released today, Greg Palm from Craig-Hallum maintained a Buy rating on Allient. The company’s shares closed last Tuesday at $61.37.
According to TipRanks.com, Palm is a 5-star analyst with an average return of
Allient has an analyst consensus of Moderate Buy, with a price target consensus of $79.00, a 25.1% upside from current levels. In a report issued on February 18, Lake Street also initiated coverage with a Buy rating on the stock with a $79.00 price target.
Dave (DAVE)
William Blair analyst Andrew Jeffrey reiterated a Buy rating on Dave today. The company’s shares closed last Tuesday at $195.50.
According to TipRanks.com, Jeffrey is a 5-star analyst with an average return of
Currently, the analyst consensus on Dave is a Strong Buy with an average price target of $319.40, implying a 52.9% upside from current levels. In a report released today, KBW also maintained a Buy rating on the stock with a $295.00 price target.
