Analysts Have Conflicting Sentiments on These Technology Companies: SolarEdge Technologies (SEDG), Remitly Global (RELY) and Dynatrace (DT)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on SolarEdge Technologies (SEDG – Research Report), Remitly Global (RELY – Research Report) and Dynatrace (DT – Research Report).
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SolarEdge Technologies (SEDG)
In a report released today, Brian K. Lee from Goldman Sachs maintained a Hold rating on SolarEdge Technologies, with a price target of $36.00. The company’s shares closed last Wednesday at $35.10.
According to TipRanks.com, Lee is ranked #2556 out of 12109 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for SolarEdge Technologies with a $35.00 average price target, representing a -13.1% downside. In a report released yesterday, William Blair also maintained a Hold rating on the stock.
See the top stocks recommended by analysts >>
Remitly Global (RELY)
Goldman Sachs analyst Will Nance maintained a Buy rating on Remitly Global today and set a price target of $20.00. The company’s shares closed last Wednesday at $13.61, close to its 52-week low of $11.60.
According to TipRanks.com, Nance is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Remitly Global with a $20.17 average price target, representing a 53.3% upside. In a report issued on February 10, Bank of America Securities also initiated coverage with a Buy rating on the stock with a $18.00 price target.
Dynatrace (DT)
BTIG analyst Gray Powell reiterated a Buy rating on Dynatrace today and set a price target of $53.00. The company’s shares closed last Wednesday at $36.42.
According to TipRanks.com, Powell is a 4-star analyst with an average return of
Currently, the analyst consensus on Dynatrace is a Strong Buy with an average price target of $50.55, representing a 38.0% upside. In a report issued on February 6, BMO Capital also maintained a Buy rating on the stock with a $45.00 price target.
