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Analysts Are Bullish on Top Technology Stocks: Exodus Movement, Inc. Class A (EXOD), Sportradar Group AG (SRAD)

Tipranks - Fri Mar 13, 1:38PM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Exodus Movement, Inc. Class A (EXODResearch Report) and Sportradar Group AG (SRADResearch Report) with bullish sentiments.

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Exodus Movement, Inc. Class A (EXOD)

In a report released yesterday, Kevin Dede from H.C. Wainwright reiterated a Buy rating on Exodus Movement, Inc. Class A, with a price target of $25.00. The company’s shares closed last Thursday at $9.53, close to its 52-week low of $8.00.

According to TipRanks.com, Dede is a 2-star analyst with an average return of 0.6% and a 32.7% success rate. Dede covers the Technology sector, focusing on stocks such as Applied Digital Corporation, Core Scientific Inc, and WhiteFiber, Inc. ;'>

Currently, the analyst consensus on Exodus Movement, Inc. Class A is a Strong Buy with an average price target of $22.50, implying a 129.1% upside from current levels. In a report released today, Northland Securities also maintained a Buy rating on the stock with a $24.00 price target.

See the top stocks recommended by analysts >>

Sportradar Group AG (SRAD)

In a report released today, Ryan Sigdahl from Craig-Hallum reiterated a Buy rating on Sportradar Group AG, with a price target of $34.00. The company’s shares closed last Thursday at $19.44.

According to TipRanks.com, Sigdahl is a 4-star analyst with an average return of 4.7% and a 39.3% success rate. Sigdahl covers the NA sector, focusing on stocks such as Rush Street Interactive, Inspired Entertainment, and Jumia Technologies AG. ;'>

Currently, the analyst consensus on Sportradar Group AG is a Strong Buy with an average price target of $27.67, implying a 55.4% upside from current levels. In a report issued on March 5, TipRanks – PerPlexity also upgraded the stock to Buy with a $22.00 price target.

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