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Analysts Are Bullish on Top Technology Stocks: Lsi Industries (LYTS), Okta (OKTA)

Tipranks - Tipranks - Fri Mar 6, 8:54AM CST

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Lsi Industries (LYTS – Research Report) and Okta (OKTA – Research Report) with bullish sentiments.

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Lsi Industries (LYTS)

In a report released today, Amit Dayal from H.C. Wainwright maintained a Buy rating on Lsi Industries, with a price target of $30.00. The company’s shares closed last Thursday at $20.38.

According to TipRanks.com, Dayal is a 2-star analyst with an average return of 0.7% and a 33.2% success rate. Dayal covers the Industrial Goods sector, focusing on stocks such as Orion Energy Systems, Flux Power Holdings, and Vertical Aerospace. ;'>

Lsi Industries has an analyst consensus of Strong Buy, with a price target consensus of $29.33, implying a 43.3% upside from current levels. In a report issued on February 26, Craig-Hallum also maintained a Buy rating on the stock.

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Okta (OKTA)

In a report released today, Rudy Kessinger from D.A. Davidson maintained a Buy rating on Okta, with a price target of $110.00. The company’s shares closed last Thursday at $79.06.

According to TipRanks.com, Kessinger is a 4-star analyst with an average return of 5.4% and a 47.4% success rate. Kessinger covers the Technology sector, focusing on stocks such as Rubrik, Inc. Class A, CrowdStrike Holdings, and Palo Alto Networks. ;'>

Okta has an analyst consensus of Moderate Buy, with a price target consensus of $98.40, implying a 34.8% upside from current levels. In a report issued on February 23, Oppenheimer also maintained a Buy rating on the stock with a $120.00 price target.

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