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Analysts Are Bullish on Top Technology Stocks: Par Technology (PAR), GigaCloud Technology, Inc. Class A (GCT)

Tipranks - Fri Feb 27, 9:56AM CST

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Par Technology (PARResearch Report), GigaCloud Technology, Inc. Class A (GCTResearch Report) and Airgain (AIRGResearch Report) with bullish sentiments.

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Par Technology (PAR)

In a report released today, Eric Martinuzzi from Lake Street maintained a Buy rating on Par Technology, with a price target of $48.00. The company’s shares closed last Thursday at $21.99.

According to TipRanks.com, Martinuzzi is a 4-star analyst with an average return of 7.2% and a 44.0% success rate. Martinuzzi covers the Technology sector, focusing on stocks such as One Stop Systems, Extreme Networks, and Cellebrite DI. ;'>

Currently, the analyst consensus on Par Technology is a Strong Buy with an average price target of $55.75.

See the top stocks recommended by analysts >>

GigaCloud Technology, Inc. Class A (GCT)

Lake Street analyst Ryan Meyers maintained a Buy rating on GigaCloud Technology, Inc. Class A today and set a price target of $36.00. The company’s shares closed last Thursday at $43.78.

According to TipRanks.com, Meyers ‘ ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -7.0% and a 35.3% success rate. Meyers covers the NA sector, focusing on stocks such as Karat Packaging Inc, Xponential Fitness, and BARK Inc Class A. ;'>

GigaCloud Technology, Inc. Class A has an analyst consensus of Moderate Buy, with a price target consensus of $36.00.

Airgain (AIRG)

Lake Street analyst Jaeson Schmidt maintained a Buy rating on Airgain today and set a price target of $6.00. The company’s shares closed last Thursday at $4.67, close to its 52-week low of $3.85.

According to TipRanks.com, Schmidt is a 5-star analyst with an average return of 24.7% and a 49.9% success rate. Schmidt covers the Technology sector, focusing on stocks such as Vishay Precision Group, Lightpath Technologies, and Franklin Wireless. ;'>

Airgain has an analyst consensus of Moderate Buy, with a price target consensus of $6.00, which is a 25.8% upside from current levels. In a report issued on February 24, Craig-Hallum also maintained a Buy rating on the stock.

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