Analysts Have Conflicting Sentiments on These Technology Companies: Wix (WIX), Oracle (ORCL) and Grid Dynamics Holdings (GDYN)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Wix (WIX – Research Report), Oracle (ORCL – Research Report) and Grid Dynamics Holdings (GDYN – Research Report).
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Wix (WIX)
In a report released yesterday, Alexei Gogolev from J.P. Morgan maintained a Hold rating on Wix, with a price target of $114.00. The company’s shares closed last Thursday at $92.94.
According to TipRanks.com, Gogolev is a 4-star analyst with an average return of
Currently, the analyst consensus on Wix is a Strong Buy with an average price target of $136.60, representing a 53.2% upside. In a report released today, TipRanks – xAI also reiterated a Hold rating on the stock with a $95.00 price target.
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Oracle (ORCL)
In a report released today, Michael Turrin from Wells Fargo assigned a Buy rating to Oracle, with a price target of $280.00. The company’s shares closed last Thursday at $154.79.
According to TipRanks.com, Turrin is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of
Currently, the analyst consensus on Oracle is a Strong Buy with an average price target of $270.14, implying a 77.0% upside from current levels. In a report issued on February 25, Oppenheimer also upgraded the stock to Buy with a $185.00 price target.
Grid Dynamics Holdings (GDYN)
William Blair analyst Maggie Nolan maintained a Buy rating on Grid Dynamics Holdings today and set a price target of $7.15. The company’s shares closed last Thursday at $7.15.
According to TipRanks.com, Nolan has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
Grid Dynamics Holdings has an analyst consensus of Strong Buy, with a price target consensus of $9.29, representing a 28.5% upside. In a report released today, Needham also reiterated a Buy rating on the stock with a $10.00 price target.
