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Analysts Offer Insights on Technology Companies: Intchains Group Ltd. ADR (ICG) and Par Technology (PAR)

Tipranks - Fri Mar 6, 12:06PM CST

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Intchains Group Ltd. ADR (ICGResearch Report) and Par Technology (PARResearch Report) with bullish sentiments.

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Intchains Group Ltd. ADR (ICG)

In a report issued on March 2, Matthew Galinko from Maxim Group maintained a Buy rating on Intchains Group Ltd. ADR, with a price target of $3.00. The company’s shares closed last Thursday at $1.33.

According to TipRanks.com, Galinko is a 4-star analyst with an average return of 13.4% and a 37.0% success rate. Galinko covers the Technology sector, focusing on stocks such as WISeKey International Holding, Ondas Holdings, and Arbe Robotics. ;'>

Intchains Group Ltd. ADR has an analyst consensus of Moderate Buy, with a price target consensus of $3.50.

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Par Technology (PAR)

Sidoti analyst Anja Soderstrom maintained a Buy rating on Par Technology on March 3 and set a price target of $43.00. The company’s shares closed last Thursday at $19.20.

According to TipRanks.com, Soderstrom is ranked #2922 out of 12134 analysts.

Currently, the analyst consensus on Par Technology is a Strong Buy with an average price target of $34.71, an 84.9% upside from current levels. In a report issued on February 23, Lake Street also maintained a Buy rating on the stock with a $48.00 price target.

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