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Analysts Offer Insights on Technology Companies: VNET Group, Inc. Sponsored ADR (VNET) and Unisys (UIS)

Tipranks - Thu May 7, 3:56PM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on VNET Group, Inc. Sponsored ADR (VNET) and Unisys (UIS) with bullish sentiments.

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VNET Group, Inc. Sponsored ADR (VNET)

In a report released today, Timothy Zhao from Goldman Sachs maintained a Buy rating on VNET Group, Inc. Sponsored ADR. The company’s shares closed last Wednesday at $9.01.

Zhao has an average return of 60.8% when recommending VNET Group, Inc. Sponsored ADR. ;'>

According to TipRanks.com, Zhao is ranked #4665 out of 12228 analysts.

VNET Group, Inc. Sponsored ADR has an analyst consensus of Moderate Buy, with a price target consensus of $16.70, a 91.3% upside from current levels. In a report issued on April 21, DBS also maintained a Buy rating on the stock with a $16.70 price target.

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Unisys (UIS)

In a report released today, Maggie Nolan from William Blair maintained a Buy rating on Unisys. The company’s shares closed last Wednesday at $3.27.

According to TipRanks.com, Nolan has 0 stars on 0-5 stars ranking scale with an average return of -10.2% and a 37.1% success rate. Nolan covers the Technology sector, focusing on stocks such as Ingram Micro Holding Corporation, Grid Dynamics Holdings, and Exlservice Holdings. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Unisys with a $5.50 average price target, which is an 80.9% upside from current levels. In a report released today, Needham also maintained a Buy rating on the stock with a $4.00 price target.

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