Analysts Have Conflicting Sentiments on These Technology Companies: Megaport (OtherMGPPF), ODDITY Tech Ltd. Class A (ODD) and Netskope, Inc. (NTSK)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Megaport (MGPPF), ODDITY Tech Ltd. Class A (ODD) and Netskope, Inc. (NTSK).
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Megaport (MGPPF)
J.P. Morgan analyst Bob Chen CFA maintained a Buy rating on Megaport yesterday and set a price target of A$28.00. The company’s shares closed last Friday at $12.55.
CFA has an average return of
According to TipRanks.com, CFA is ranked #9055 out of 12281 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Megaport with a $13.76 average price target, which is a -6.3% downside from current levels. In a report issued on May 28, TipRanks – PerPlexity also upgraded the stock to Buy with a A$17.00 price target.
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ODDITY Tech Ltd. Class A (ODD)
In a report released yesterday, Cory Carpenter from J.P. Morgan maintained a Hold rating on ODDITY Tech Ltd. Class A, with a price target of $9.00. The company’s shares closed last Friday at $9.81.
According to TipRanks.com, Carpenter is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for ODDITY Tech Ltd. Class A with a $10.09 average price target, implying a -1.0% downside from current levels. In a report issued on June 2, KeyBanc also downgraded the stock to Hold.
Netskope, Inc. (NTSK)
In a report released yesterday, Brian Essex from J.P. Morgan maintained a Buy rating on Netskope, Inc., with a price target of $14.00. The company’s shares closed last Friday at $9.64, close to its 52-week low of $7.67.
According to TipRanks.com, Essex is a 4-star analyst with an average return of
Netskope, Inc. has an analyst consensus of Strong Buy, with a price target consensus of $15.00, which is a 52.6% upside from current levels. In a report issued on May 21, Wells Fargo also maintained a Buy rating on the stock with a $14.00 price target.
Read More on MGPPF:
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- Megaport Raises A$518m in Strongly Supported Institutional Entitlement Offer
- Megaport launches fully underwritten pro rata entitlement offer with no expected change of control
- Megaport launches accelerated entitlement offer to raise capital
- Megaport Unveils AI Inference Cloud Strategy and Entitlement Offer
- Megaport Extends Trading Halt as It Launches Accelerated Entitlement Offer
