Wall Street Analysts Are Bullish on Top Technology Picks
There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Navan, Inc. Class A (NAVN) and Fermi Inc. (FRMI) with bullish sentiments.
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Navan, Inc. Class A (NAVN)
TD Cowen analyst Jared Levine maintained a Buy rating on Navan, Inc. Class A today and set a price target of $19.00. The company’s shares closed last Monday at $15.35.
According to TipRanks.com, Levine has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
Currently, the analyst consensus on Navan, Inc. Class A is a Strong Buy with an average price target of $18.75, which is a 30.8% upside from current levels. In a report issued on April 7, Bank of America Securities also initiated coverage with a Buy rating on the stock with a $17.00 price target.
See the top stocks recommended by analysts >>
Fermi Inc. (FRMI)
Stifel Nicolaus analyst Stephen Gengaro maintained a Buy rating on Fermi Inc. yesterday and set a price target of $29.00. The company’s shares closed last Monday at $5.40, close to its 52-week low of $4.47.
According to TipRanks.com, Gengaro 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 Fermi Inc. with a $21.67 average price target, a 311.2% upside from current levels. In a report issued on April 9, Cantor Fitzgerald also initiated coverage with a Buy rating on the stock with a $8.00 price target.
Read More on NAVN:
Disclaimer & DisclosureReport an Issue
- Navan Announces Finance Leadership Transition and Role Consolidation
- Navan: Leading Disruptive Player in Corporate Travel With AI-Driven Scale, Margin Expansion, and Underappreciated Growth Potential
- Navan initiated with a Buy at TD Cowen
- Navan selected by Opella to manage travel, expense program
- Navan management to meet with Oppenheimer
