Analysts Divided on Tech Stocks as Predictions Emerge
Analysts have been weighing in on several technology companies, offering differing opinions. Cognyte Software (CGNT) has seen a Hold rating from Needham analyst Matthew Calitri, despite a Moderate Buy consensus among analysts with an average price target of $13.00 and a 52% upside from current levels.
However, TipRanks, Google downgraded the stock to Hold with a $9.00 price target in a report issued on September 6.
Klaviyo, Inc. Class A (KVYO) has been upgraded by TipRanks, PerPlexity to Buy with a $22.00 price target after analyst Elizabeth Porter from Morgan Stanley maintained a Buy rating and set a price target of $31.00 in her report released today.
The word on The Street suggests a Strong Buy consensus among analysts for KVYO, with an average price target of $26.50 representing a 48.5% upside.