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Analysts Are Bullish on These Technology Stocks: Lightpath Technologies (LPTH), Ultra Clean Holdings (UCTT)

Tipranks - Tipranks - Tue Apr 28, 9:48AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Lightpath Technologies (LPTH), Ultra Clean Holdings (UCTT) and Sportradar Group AG (SRAD) with bullish sentiments.

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Lightpath Technologies (LPTH)

Craig-Hallum analyst Richard Shannon maintained a Buy rating on Lightpath Technologies today. The company’s shares closed last Monday at $14.13.

According to TipRanks.com, Shannon is a top 25 analyst with an average return of 82.1% and a 62.8% success rate. Shannon covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Everspin Technologies. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Lightpath Technologies with a $14.83 average price target, implying a -7.4% downside from current levels. In a report issued on April 15, TipRanks – Google also upgraded the stock to Buy with a $16.50 price target.

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Ultra Clean Holdings (UCTT)

In a report released today, Christian Schwab from Craig-Hallum maintained a Buy rating on Ultra Clean Holdings. The company’s shares closed last Monday at $79.64.

According to TipRanks.com, Schwab is a top 100 analyst with an average return of 39.1% and a 66.3% success rate. Schwab covers the Technology sector, focusing on stocks such as Ribbon Communications, Axcelis Technologies, and Silvaco Group, Inc. ;'>

Ultra Clean Holdings has an analyst consensus of Strong Buy, with a price target consensus of $75.00.

Sportradar Group AG (SRAD)

Craig-Hallum analyst Ryan Sigdahl maintained a Buy rating on Sportradar Group AG today. The company’s shares closed last Monday at $13.79.

According to TipRanks.com, Sigdahl is a 3-star analyst with an average return of 2.3% and a 41.3% success rate. Sigdahl covers the NA sector, focusing on stocks such as Rush Street Interactive, Inspired Entertainment, and Jumia Technologies AG. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Sportradar Group AG with a $25.36 average price target, representing a 91.7% upside. In a report issued on April 13, TipRanks – PerPlexity also upgraded the stock to Buy with a $17.50 price target.

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