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Wall Street Analysts Are Bullish on Top Technology Picks

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on LiveRamp Holdings (RAMPResearch Report), Universal Display (OLEDResearch Report) and Prosus (PROSFResearch Report) with bullish sentiments.

LiveRamp Holdings (RAMP)

In a report released today, Jack Andrews from Needham assigned a Buy rating to LiveRamp Holdings, with a price target of $77.00. The company’s shares closed last Thursday at $47.75, close to its 52-week low of $40.70.

According to TipRanks.com, Andrews is a 5-star analyst with an average return of 27.7% and a 67.4% success rate. Andrews covers the Technology sector, focusing on stocks such as CommVault Systems, Pegasystems, and ServiceNow.

LiveRamp Holdings has an analyst consensus of Strong Buy, with a price target consensus of $85.33, representing an 87.4% upside. In a report issued on June 11, Morgan Stanley also maintained a Buy rating on the stock with a $93.00 price target.

See today’s analyst top recommended stocks >>

Universal Display (OLED)

In a report released today, James Ricchiuti from Needham assigned a Buy rating to Universal Display, with a price target of $275.00. The company’s shares closed last Thursday at $219.97.

According to TipRanks.com, Ricchiuti is a 5-star analyst with an average return of 23.4% and a 65.8% success rate. Ricchiuti covers the Technology sector, focusing on stocks such as Benchmark Electronics, Teledyne Technologies, and Faro Technologies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Universal Display with a $234.50 average price target.

Prosus (PROSF)

UBS analyst John Kim-sa maintained a Buy rating on Prosus on June 23 and set a price target of EUR116.00. The company’s shares closed last Thursday at $98.07.

According to TipRanks.com, Kim-sa is ranked #6123 out of 7564 analysts.

Prosus has an analyst consensus of Strong Buy, with a price target consensus of $137.57, representing a 40.3% upside. In a report issued on June 18, Deutsche Bank also maintained a Buy rating on the stock with a EUR125.00 price target.

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