Analysts Offer Insights on Technology Companies: Shoals Technologies Group (SHLS) and CommVault Systems (CVLT)
There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Shoals Technologies Group (SHLS – Research Report) and CommVault Systems (CVLT – Research Report) with bullish sentiments.
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Shoals Technologies Group (SHLS)
In a report issued on January 20, Chris Dendrinos from RBC Capital maintained a Buy rating on Shoals Technologies Group, with a price target of $10.00. The company’s shares closed last Wednesday at $9.05.
According to TipRanks.com, Dendrinos is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Shoals Technologies Group with a $11.04 average price target, implying a 19.1% upside from current levels. In a report issued on January 15, TipRanks – Google also upgraded the stock to Buy with a $10.50 price target.
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CommVault Systems (CVLT)
In a report released yesterday, Shrenik Kothari from Robert W. Baird maintained a Buy rating on CommVault Systems, with a price target of $205.00. The company’s shares closed last Wednesday at $119.54.
According to TipRanks.com, Kothari is a 5-star analyst with an average return of
Currently, the analyst consensus on CommVault Systems is a Strong Buy with an average price target of $173.64, which is a 47.6% upside from current levels. In a report issued on January 12, KeyBanc also maintained a Buy rating on the stock with a $152.00 price target.
