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Analysts Conflicted on These Technology Names: GDS Holdings (GDS), Confluent (CFLT) and Telesat Corp (TSAT)

Tipranks - Thu Mar 19, 7:18AM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on GDS Holdings (GDSResearch Report), Confluent (CFLTResearch Report) and Telesat Corp (TSATResearch Report).

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GDS Holdings (GDS)

TD Cowen analyst Michael Elias maintained a Buy rating on GDS Holdings today and set a price target of $37.00. The company’s shares closed last Tuesday at $44.26.

According to TipRanks.com, Elias is a 5-star analyst with an average return of 19.4% and a 57.4% success rate. Elias covers the NA sector, focusing on stocks such as SBA Communications, Digital Realty, and American Tower. ;'>

GDS Holdings has an analyst consensus of Strong Buy, with a price target consensus of $47.50.

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Confluent (CFLT)

In a report released today, Rudy Kessinger from D.A. Davidson maintained a Hold rating on Confluent. The company’s shares closed last Monday at $30.99.

According to TipRanks.com, Kessinger is a 4-star analyst with an average return of 6.0% and a 47.9% success rate. Kessinger covers the Technology sector, focusing on stocks such as Rubrik, Inc. Class A, CrowdStrike Holdings, and Palo Alto Networks. ;'>

Currently, the analyst consensus on Confluent is a Hold with an average price target of $31.00, representing a 1.0% upside. In a report issued on March 13, TipRanks – PerPlexity also downgraded the stock to Hold with a $33.00 price target.

Telesat Corp (TSAT)

In a report released today, David Mcfadgen from ATB Cormark Capital Markets reiterated a Buy rating on Telesat Corp, with a price target of C$99.00. The company’s shares closed last Tuesday at $42.34.

Mcfadgen has an average return of 52.7% when recommending Telesat Corp. ;'>

According to TipRanks.com, Mcfadgen is ranked #3072 out of 12128 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Telesat Corp with a $72.27 average price target.

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