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Analysts Offer Insights on Technology Companies: Flywire (FLYW), Shoals Technologies Group (SHLS) and C3ai (AI)

Tipranks - Fri Feb 27, 6:12AM CST

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Flywire (FLYWResearch Report), Shoals Technologies Group (SHLSResearch Report) and C3ai (AIResearch Report).

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Flywire (FLYW)

J.P. Morgan analyst Tien Tsin Huang maintained a Sell rating on Flywire yesterday and set a price target of $14.00. The company’s shares closed last Wednesday at $12.52.

According to TipRanks.com, Huang is a 4-star analyst with an average return of 3.3% and a 52.8% success rate. Huang covers the Technology sector, focusing on stocks such as Kyndryl Holdings Incorporation, Automatic Data Processing, and Fidelity National Info. ;'>

Flywire has an analyst consensus of Moderate Buy, with a price target consensus of $16.44.

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Shoals Technologies Group (SHLS)

In a report released yesterday, Mark Strouse from J.P. Morgan maintained a Buy rating on Shoals Technologies Group, with a price target of $11.00. The company’s shares closed last Wednesday at $6.85.

According to TipRanks.com, Strouse is a 5-star analyst with an average return of 12.7% and a 50.9% success rate. Strouse covers the Technology sector, focusing on stocks such as Array Technologies, Enphase Energy, and Nextpower Inc. ;'>

Shoals Technologies Group has an analyst consensus of Moderate Buy, with a price target consensus of $9.79, implying a 36.2% upside from current levels. In a report issued on February 24, TipRanks – PerPlexity also upgraded the stock to Buy with a $11.00 price target.

C3ai (AI)

Needham analyst Mike Cikos maintained a Hold rating on C3ai today. The company’s shares closed last Wednesday at $10.31.

According to TipRanks.com, Cikos is a 3-star analyst with an average return of 3.3% and a 41.6% success rate. Cikos covers the Technology sector, focusing on stocks such as DigitalOcean Holdings, CrowdStrike Holdings, and Palo Alto Networks. ;'>

C3ai has an analyst consensus of Moderate Sell, with a price target consensus of $11.94, which is a 16.9% upside from current levels. In a report released today, Citizens JMP also downgraded the stock to Hold.

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