Analysts Offer Insights on Technology Companies: SolarEdge Technologies (SEDG), Garmin (GRMN) and Autodesk (ADSK)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on SolarEdge Technologies (SEDG – Research Report), Garmin (GRMN – Research Report) and Autodesk (ADSK – Research Report).
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SolarEdge Technologies (SEDG)
KeyBanc analyst Sophie Karp maintained a Hold rating on SolarEdge Technologies today. The company’s shares closed last Wednesday at $35.10.
According to TipRanks.com, Karp is a 4-star analyst with an average return of
Currently, the analyst consensus on SolarEdge Technologies is a Hold with an average price target of $34.00, a -15.5% downside from current levels. In a report released yesterday, William Blair also maintained a Hold rating on the stock.
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Garmin (GRMN)
In a report released today, Noah Zatzkin from KeyBanc maintained a Hold rating on Garmin. The company’s shares closed last Wednesday at $237.46, close to its 52-week high of $246.50.
According to TipRanks.com, Zatzkin is a 2-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Garmin with a $263.00 average price target, which is a 4.7% upside from current levels. In a report released today, Morgan Stanley also upgraded the stock to Hold with a $252.00 price target.
Autodesk (ADSK)
KeyBanc analyst Jason Celino maintained a Buy rating on Autodesk today and set a price target of $365.00. The company’s shares closed last Wednesday at $229.74.
According to TipRanks.com, Celino is a 2-star analyst with an average return of
Autodesk has an analyst consensus of Strong Buy, with a price target consensus of $367.71, representing a 63.8% upside. In a report issued on February 10, Berenberg Bank also maintained a Buy rating on the stock with a $370.00 price target.
