This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Wall Street Analysts Are Neutral on Top Technology Picks

Tipranks - Thu Jun 4, 2:20PM CDT

Analysts fell to the sidelines weighing in on ODDITY Tech Ltd. Class A (ODD) and TaskUs (TASK) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Claim 55% Off TipRanks

ODDITY Tech Ltd. Class A (ODD)

Evercore ISI analyst Mark Mahaney maintained a Hold rating on ODDITY Tech Ltd. Class A today and set a price target of $15.00. The company’s shares closed last Wednesday at $10.21.

According to TipRanks.com, Mahaney is a 5-star analyst with an average return of 10.3% and a 53.2% success rate. Mahaney covers the Technology sector, focusing on stocks such as WEBTOON Entertainment Inc, Ibotta, Inc. Class A, and Uber Technologies. ;'>

Currently, the analyst consensus on ODDITY Tech Ltd. Class A is a Hold with an average price target of $11.39, implying a 22.5% upside from current levels. In a report released yesterday, KeyBanc also downgraded the stock to Hold.

See the top stocks recommended by analysts >>

TaskUs (TASK)

In a report released today, Maggie Nolan from William Blair reiterated a Hold rating on TaskUs. The company’s shares closed last Wednesday at $5.92.

According to TipRanks.com, Nolan has 0 stars on 0-5 stars ranking scale with an average return of -5.9% and a 40.9% success rate. Nolan covers the Technology sector, focusing on stocks such as Ingram Micro Holding Corporation, Grid Dynamics Holdings, and Exlservice Holdings. ;'>

Currently, the analyst consensus on TaskUs is a Hold with an average price target of $8.33, which is a 29.8% upside from current levels. In a report issued on May 20, TipRanks – PerPlexity also reiterated a Hold rating on the stock with a $6.50 price target.

Read More on ODD:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.