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 Unity Software (U – Research Report) and Novanta (NOVT – Research Report) with bullish sentiments.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Unity Software (U)
In a report released yesterday, Clark Lampen from BTIG maintained a Buy rating on Unity Software, with a price target of $60.00. The company’s shares closed last Thursday at $45.39.
According to TipRanks.com, Lampen is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Unity Software with a $47.77 average price target, which is a 6.2% upside from current levels. In a report issued on December 5, Wells Fargo also upgraded the stock to Buy with a $51.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
Novanta (NOVT)
In a report released today, Brian Drab from William Blair maintained a Buy rating on Novanta. The company’s shares closed last Thursday at $119.90.
According to TipRanks.com, Drab is a 5-star analyst with an average return of
The the analyst consensus on Novanta is currently a Moderate Buy rating.
