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Wall Street Analysts Are Bullish on Top Technology Picks

Tipranks - Tipranks - Thu Aug 6, 2:14PM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on SolarEdge Technologies (SEDG) and CS Disco (LAW) with bullish sentiments.

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SolarEdge Technologies (SEDG)

TD Cowen analyst Jeff Osborne maintained a Buy rating on SolarEdge Technologies today and set a price target of $65.00. The company’s shares closed last Wednesday at $34.96.

According to TipRanks.com, Osborne is a 3-star analyst with an average return of 1.9% and a 46.0% success rate. Osborne covers the Industrial Goods sector, focusing on stocks such as Eos Energy Enterprises, Ballard Power Systems, and Landis+Gyr Group AG. ;'>

Currently, the analyst consensus on SolarEdge Technologies is a Hold with an average price target of $40.49.

See the top stocks recommended by analysts >>

CS Disco (LAW)

In a report released today, Scott Berg from Needham maintained a Buy rating on CS Disco, with a price target of $10.00. The company’s shares closed last Wednesday at $3.97.

According to TipRanks.com, Berg is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -3.4% and a 44.6% success rate. Berg covers the Technology sector, focusing on stocks such as Zeta Global Holdings Corp, Klaviyo, Inc. Class A, and Bill.com Holdings. ;'>

CS Disco has an analyst consensus of Moderate Buy, with a price target consensus of $8.00, representing a 107.3% upside. In a report issued on July 21, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $4.50 price target.

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