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Analysts Offer Insights on Technology Companies: Braze (BRZE), Wix (WIX) and Daktronics (DAKT)

Tipranks - Fri Mar 6, 7:02AM CST

Analysts have been eager to weigh in on the Technology sector with new ratings on Braze (BRZEResearch Report), Wix (WIXResearch Report) and Daktronics (DAKTResearch Report).

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Braze (BRZE)

Piper Sandler analyst Billy Fitzsimmons maintained a Buy rating on Braze today and set a price target of $30.00. The company’s shares closed last Wednesday at $19.36.

According to TipRanks.com, Fitzsimmons is a 1-star analyst with an average return of -1.2% and a 28.6% success rate. Fitzsimmons covers the Technology sector, focusing on stocks such as ServiceTitan, Inc. Class A, Onestream, Inc. Class A, and ZoomInfo Technologies. ;'>

Currently, the analyst consensus on Braze is a Strong Buy with an average price target of $42.73, which is an 118.2% upside from current levels. In a report issued on February 23, Barclays also maintained a Buy rating on the stock with a $29.00 price target.

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Wix (WIX)

Scotiabank analyst Nat Schindler maintained a Buy rating on Wix today and set a price target of $125.00. The company’s shares closed last Wednesday at $83.78.

According to TipRanks.com, Schindler is a 3-star analyst with an average return of 1.7% and a 43.4% success rate. Schindler covers the NA sector, focusing on stocks such as Fiverr International, Nexxen International, and Alphabet Class C. ;'>

Currently, the analyst consensus on Wix is a Strong Buy with an average price target of $136.54, an 86.2% upside from current levels. In a report issued on March 2, Benchmark Co. also maintained a Buy rating on the stock with a $140.00 price target.

Daktronics (DAKT)

In a report released today, Anja Soderstrom from Sidoti maintained a Hold rating on Daktronics, with a price target of $34.00. The company’s shares closed last Wednesday at $22.11.

According to TipRanks.com, Soderstrom is ranked #2922 out of 12134 analysts.

Currently, the analyst consensus on Daktronics is a Moderate Buy with an average price target of $34.00, implying a 50.5% upside from current levels. In a report released yesterday, TipRanks – xAI also reiterated a Hold rating on the stock with a $27.00 price target.

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