Analysts’ Opinions Are Mixed on These Technology Stocks: Lantronix (LTRX), PTC (PTC) and Tenable Holdings (TENB)
Analysts have been eager to weigh in on the Technology sector with new ratings on Lantronix (LTRX – Research Report), PTC (PTC – Research Report) and Tenable Holdings (TENB – Research Report).
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Lantronix (LTRX)
Roth MKM analyst Scott Searle maintained a Buy rating on Lantronix today and set a price target of $10.00. The company’s shares closed last Wednesday at $6.23.
According to TipRanks.com, Searle is a 5-star analyst with an average return of
Lantronix has an analyst consensus of Strong Buy, with a price target consensus of $8.50, implying a 18.1% upside from current levels. In a report released yesterday, TipRanks – Google also upgraded the stock to Buy with a $8.00 price target.
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PTC (PTC)
RBC Capital analyst Matthew Hedberg maintained a Buy rating on PTC yesterday and set a price target of $195.00. The company’s shares closed last Wednesday at $151.34.
According to TipRanks.com, Hedberg is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PTC with a $189.67 average price target, representing a 28.5% upside. In a report issued on January 28, Oppenheimer also maintained a Buy rating on the stock with a $200.00 price target.
Tenable Holdings (TENB)
In a report released yesterday, Gray Powell from BTIG maintained a Hold rating on Tenable Holdings. The company’s shares closed last Wednesday at $19.72.
According to TipRanks.com, Powell is a 4-star analyst with an average return of
Currently, the analyst consensus on Tenable Holdings is a Moderate Buy with an average price target of $32.23, representing a 62.8% upside. In a report issued on January 30, D.A. Davidson also maintained a Hold rating on the stock with a $25.00 price target.
