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Analysts Have Conflicting Sentiments on These Technology Companies: Samsara (IOT), Qnity Electronics, Inc. (Q) and Sprout Social (SPT)

Tipranks - Sat Feb 28, 4:21AM CST

Analysts have been eager to weigh in on the Technology sector with new ratings on Samsara (IOTResearch Report), Qnity Electronics, Inc. (QResearch Report) and Sprout Social (SPTResearch Report).

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Samsara (IOT)

KeyBanc analyst Jason Celino maintained a Buy rating on Samsara today and set a price target of $40.00. The company’s shares closed last Thursday at $28.96, close to its 52-week low of $27.14.

According to TipRanks.com, Celino is a 1-star analyst with an average return of -1.2% and a 44.7% success rate. Celino covers the Technology sector, focusing on stocks such as ServiceTitan, Inc. Class A, Procore Technologies, and Cadence Design. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Samsara with a $42.49 average price target, representing a 53.0% upside. In a report issued on February 24, BMO Capital also maintained a Buy rating on the stock with a $40.00 price target.

See the top stocks recommended by analysts >>

Qnity Electronics, Inc. (Q)

In a report released today, Aleksey Yefremov from KeyBanc maintained a Buy rating on Qnity Electronics, Inc.. The company’s shares closed last Thursday at $124.78.

According to TipRanks.com, Yefremov is a 4-star analyst with an average return of 7.6% and a 56.7% success rate. Yefremov covers the Basic Materials sector, focusing on stocks such as Sherwin-Williams Company, Westlake Corporation, and DuPont de Nemours. ;'>

Currently, the analyst consensus on Qnity Electronics, Inc. is a Strong Buy with an average price target of $117.60, representing a -16.0% downside. In a report issued on February 23, Mizuho Securities also maintained a Buy rating on the stock with a $120.00 price target.

Sprout Social (SPT)

In a report released today, Jackson Ader from KeyBanc maintained a Sell rating on Sprout Social, with a price target of $6.00. The company’s shares closed last Thursday at $7.11.

According to TipRanks.com, Ader is a 1-star analyst with an average return of -1.2% and a 42.8% success rate. Ader covers the Technology sector, focusing on stocks such as Zoom Video Communications, ZoomInfo Technologies, and Salesforce. ;'>

Sprout Social has an analyst consensus of Hold, with a price target consensus of $11.25.

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