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Analysts Offer Insights on Technology Companies: Innodata (INOD), Rimini Street (RMNI) and CoreWeave (CRWV)

Tipranks - Fri Apr 3, 8:34AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Innodata (INOD), Rimini Street (RMNI) and CoreWeave (CRWV) with bullish sentiments.

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Innodata (INOD)

Craig-Hallum analyst George Sutton maintained a Buy rating on Innodata today. The company’s shares closed last Wednesday at $39.66.

According to TipRanks.com, Sutton is a 5-star analyst with an average return of 20.4% and a 47.7% success rate. Sutton covers the Technology sector, focusing on stocks such as DeFi Development Corporation, Applied Digital Corporation, and Core Scientific Inc. ;'>

Innodata has an analyst consensus of Strong Buy, with a price target consensus of $105.00, a 163.2% upside from current levels. In a report issued on March 25, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $49.00 price target.

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Rimini Street (RMNI)

In a report released today, Albert Lowe from Craig-Hallum maintained a Buy rating on Rimini Street. The company’s shares closed last Wednesday at $3.32.

According to TipRanks.com, Lowe is a 4-star analyst with an average return of 18.7% and a 46.1% success rate. Lowe covers the Healthcare sector, focusing on stocks such as Actuate Therapeutics, Inc., Eledon Pharmaceuticals, and Palvella Therapeutics. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Rimini Street with a $5.58 average price target.

CoreWeave (CRWV)

In a report released today, Nehal Chokshi from Northland Securities reiterated a Buy rating on CoreWeave, with a price target of $165.00. The company’s shares closed last Wednesday at $78.44.

According to TipRanks.com, Chokshi is a 5-star analyst with an average return of 19.6% and a 53.1% success rate. Chokshi covers the Technology sector, focusing on stocks such as Super Micro Computer, SPS Commerce, and Pure Storage. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CoreWeave with a $114.20 average price target, a 43.7% upside from current levels. In a report issued on March 24, Bank of America Securities also initiated coverage with a Buy rating on the stock with a $100.00 price target.

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