Analysts Offer Insights on Technology Companies: Block (XYZ) and AvePoint (AVPT)
There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Block (XYZ – Research Report) and AvePoint (AVPT – Research Report) with bullish sentiments.
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Block (XYZ)
In a report released today, Bryan Bergin from TD Cowen maintained a Buy rating on Block, with a price target of $95.00. The company’s shares closed last Thursday at $54.53, close to its 52-week low of $53.54.
According to TipRanks.com, Bergin has 0 stars on 0-5 stars ranking scale with an average return of
Currently, the analyst consensus on Block is a Strong Buy with an average price target of $85.24, representing a 64.4% upside. In a report issued on February 13, Cantor Fitzgerald also maintained a Buy rating on the stock with a $70.00 price target.
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AvePoint (AVPT)
DBS analyst Sachin Mittal maintained a Buy rating on AvePoint today and set a price target of S$20.00. The company’s shares closed last Thursday at $10.38.
According to TipRanks.com, Mittal is a 5-star analyst with an average return of
Currently, the analyst consensus on AvePoint is a Strong Buy with an average price target of $18.60, implying a 78.8% upside from current levels. In a report released yesterday, Jefferies also maintained a Buy rating on the stock with a $16.00 price target.
