Analysts Are Bullish on These Technology Stocks: Sonos (SONO), RingCentral (RNG)
There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Sonos (SONO), RingCentral (RNG) and Bill.com Holdings (BILL) with bullish sentiments.
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Sonos (SONO)
In a report released yesterday, Steve Frankel from Rosenblatt Securities maintained a Buy rating on Sonos, with a price target of $21.00. The company’s shares closed last Monday at $14.87.
Frankel has an average return of
According to TipRanks.com, Frankel is ranked #3355 out of 12228 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sonos with a $21.00 average price target, representing a 42.6% upside. In a report released yesterday, TipRanks – PerPlexity also upgraded the stock to Buy with a $16.50 price target.
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RingCentral (RNG)
In a report released today, Catharine Trebnick from Rosenblatt Securities maintained a Buy rating on RingCentral, with a price target of $45.00. The company’s shares closed last Monday at $47.25.
According to TipRanks.com, Trebnick ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
Currently, the analyst consensus on RingCentral is a Moderate Buy with an average price target of $37.33, a -17.6% downside from current levels. In a report released today, TipRanks – PerPlexity also upgraded the stock to Buy with a $52.00 price target.
Bill.com Holdings (BILL)
Oppenheimer analyst Kenneth Wong maintained a Buy rating on Bill.com Holdings today and set a price target of $50.00. The company’s shares closed last Monday at $39.72.
According to TipRanks.com, Wong is a 4-star analyst with an average return of
Currently, the analyst consensus on Bill.com Holdings is a Moderate Buy with an average price target of $53.42, which is a 36.2% upside from current levels. In a report issued on April 24, TipRanks – Google also upgraded the stock to Buy with a $41.00 price target.
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