There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on DocuSign (DOCU – Research Report) and Adtran (ADTN – Research Report) with bullish sentiments.
DocuSign (DOCU)
JMP Securities analyst Patrick Walravens maintained a Buy rating on DocuSign yesterday and set a price target of $84.00. The company’s shares closed last Monday at $45.79, close to its 52-week low of $39.57.
According to TipRanks.com, Walravens has 0 stars on 0-5 stars ranking scale with an average return of
Currently, the analyst consensus on DocuSign is a Hold with an average price target of $65.23.
See the top stocks recommended by analysts >>
Adtran (ADTN)
In a report released yesterday, Michael Genovese from Rosenblatt Securities reiterated a Buy rating on Adtran, with a price target of $29.00. The company’s shares closed last Monday at $19.58.
According to TipRanks.com, Genovese is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Adtran with a $27.67 average price target.
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