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Analysts Are Bullish on Top Technology Stocks: Shoals Technologies Group (SHLS), Wix (WIX)

Tipranks - Tipranks - Fri Apr 10, 3:48AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Shoals Technologies Group (SHLS), Wix (WIX) and Corning (GLW) with bullish sentiments.

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Shoals Technologies Group (SHLS)

In a report released today, Christine Cho CFA from Barclays maintained a Buy rating on Shoals Technologies Group, with a price target of $9.00. The company’s shares closed last Wednesday at $6.95.

According to TipRanks.com, CFA is ranked #9022 out of 12128 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Shoals Technologies Group with a $9.67 average price target.

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

Wix (WIX)

In a report released today, Trevor Young from Barclays maintained a Buy rating on Wix, with a price target of $155.00. The company’s shares closed last Wednesday at $74.38.

According to TipRanks.com, Young is a 1-star analyst with an average return of -1.9% and a 49.2% success rate. Young covers the NA sector, focusing on stocks such as Booking Holdings, Revolve Group, and TripAdvisor. ;'>

Currently, the analyst consensus on Wix is a Moderate Buy with an average price target of $126.41.

Corning (GLW)

In a report released yesterday, Asiya Merchant from Citi maintained a Buy rating on Corning, with a price target of $170.00. The company’s shares closed last Wednesday at $165.10.

According to TipRanks.com, Merchant is a top 25 analyst with an average return of 71.3% and a 74.0% success rate. Merchant covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Super Micro Computer, and Dell Technologies. ;'>

Corning has an analyst consensus of Moderate Buy, with a price target consensus of $139.82, implying a -10.9% downside from current levels. In a report issued on April 7, Mizuho Securities also maintained a Buy rating on the stock with a $160.00 price target.

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