Analysts’ Opinions Are Mixed on These Technology Stocks: SolarEdge Technologies (SEDG), Open Text (OTEX) and Silvaco Group, Inc. (SVCO)
Analysts have been eager to weigh in on the Technology sector with new ratings on SolarEdge Technologies (SEDG), Open Text (OTEX) and Silvaco Group, Inc. (SVCO).
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SolarEdge Technologies (SEDG)
UBS analyst Jon Windham maintained a Hold rating on SolarEdge Technologies today and set a price target of $36.00. The company’s shares closed last Friday at $32.90.
According to TipRanks.com, Windham is a 4-star analyst with an average return of
Currently, the analyst consensus on SolarEdge Technologies is a Hold with an average price target of $34.73, a 1.8% upside from current levels. In a report issued on July 25, TipRanks – PerPlexity also downgraded the stock to Hold with a $46.00 price target.
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Open Text (OTEX)
In a report released today, Seth Gilbert CFA from UBS maintained a Hold rating on Open Text, with a price target of $27.00. The company’s shares closed last Friday at $24.36.
According to TipRanks.com, CFA is ranked #10360 out of 12455 analysts.
Currently, the analyst consensus on Open Text is a Hold with an average price target of $28.06, implying a 9.1% upside from current levels. In a report released yesterday, Raymond James also downgraded the stock to Hold with a $29.50 price target.
Silvaco Group, Inc. (SVCO)
Craig-Hallum analyst Christian Schwab reiterated a Buy rating on Silvaco Group, Inc. today and set a price target of $14.00. The company’s shares closed last Friday at $7.38.
According to TipRanks.com, Schwab is a top 100 analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Silvaco Group, Inc. with a $15.17 average price target, which is a 97.8% upside from current levels. In a report released today, Rosenblatt Securities also maintained a Buy rating on the stock with a $14.00 price target.
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