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Analysts Offer Insights on Technology Companies: Confluent (CFLT) and Teledyne Technologies (TDY)

Tipranks - Thu Jan 22, 2:56PM CST

Analysts have been eager to weigh in on the Technology sector with new ratings on Confluent (CFLTResearch Report) and Teledyne Technologies (TDYResearch Report).

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Confluent (CFLT)

In a report released today, Gregg Moskowitz from Mizuho Securities maintained a Hold rating on Confluent, with a price target of $31.00. The company’s shares closed last Wednesday at $30.51.

According to TipRanks.com, Moskowitz is a 4-star analyst with an average return of 2.8% and a 52.5% success rate. Moskowitz covers the Technology sector, focusing on stocks such as Palantir Technologies, Rubrik, Inc. Class A, and CrowdStrike Holdings. ;'>

Currently, the analyst consensus on Confluent is a Hold with an average price target of $29.10, representing a -4.4% downside. In a report issued on January 9, Citizens JMP also downgraded the stock to Hold.

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Teledyne Technologies (TDY)

Needham analyst James Ricchiuti reiterated a Buy rating on Teledyne Technologies today and set a price target of $700.00. The company’s shares closed last Wednesday at $624.55.

According to TipRanks.com, Ricchiuti is a 5-star analyst with an average return of 19.3% and a 58.1% success rate. Ricchiuti covers the Technology sector, focusing on stocks such as Benchmark Electronics, Universal Display, and TTM Technologies. ;'>

Teledyne Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $626.86, a 3.2% upside from current levels. In a report issued on January 16, TD Cowen also maintained a Buy rating on the stock with a $600.00 price target.

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