This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Technology Companies: Ubiquiti Networks (UI) and Circle Internet Group, Inc. Class A (CRCL)

Tipranks - Tue May 12, 12:28PM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Ubiquiti Networks (UI) and Circle Internet Group, Inc. Class A (CRCL) with bullish sentiments.

Claim 55% Off TipRanks

Ubiquiti Networks (UI)

In a report issued on May 8, Hamed Khorsand from BWS Financial maintained a Buy rating on Ubiquiti Networks, with a price target of $980.00. The company’s shares closed last Monday at $771.00.

According to TipRanks.com, Khorsand is a 5-star analyst with an average return of 20.4% and a 62.0% success rate. Khorsand covers the Technology sector, focusing on stocks such as A10 Networks, Xperi Inc, and Immersion. ;'>

Currently, the analyst consensus on Ubiquiti Networks is a Hold with an average price target of $826.00, implying a 0.3% upside from current levels. In a report issued on April 23, TipRanks – Anthropic also upgraded the stock to Buy with a $1130.00 price target.

See today’s best-performing stocks on TipRanks >>

Circle Internet Group, Inc. Class A (CRCL)

William Blair analyst Andrew Jeffrey reiterated a Buy rating on Circle Internet Group, Inc. Class A today. The company’s shares closed last Monday at $125.81.

According to TipRanks.com, Jeffrey is a 5-star analyst with an average return of 9.5% and a 56.8% success rate. Jeffrey covers the Technology sector, focusing on stocks such as Bill.com Holdings, Shift4 Payments, and Corpay Inc. ;'>

Circle Internet Group, Inc. Class A has an analyst consensus of Moderate Buy, with a price target consensus of $138.50, representing a 16.5% upside. In a report released today, TipRanks – OpenAI also upgraded the stock to Buy with a $126.00 price target.

Read More on UI:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.