Financial analysts have been actively assessing technology companies, releasing new ratings on Dynatrace (DT), Toast Inc (TOST), and Sunny Optical Technology (Group) Co (SNPTF). Here’s a breakdown of their findings:
Dynatrace (DT)
Andrew Nowinski from Wells Fargo has reiterated a Buy rating on Dynatrace, setting a price target of $70.00. As of the last trading day, the company’s shares closed at $53.50. Nowinski, recognized as a 5-star analyst with an average return of 16.1% and a 54.7% success rate, covers the Technology sector, focusing on stocks like CrowdStrike Holdings and CyberArk Software.
Dynatrace currently holds a Moderate Buy consensus among analysts, with a price target consensus of $56.92, indicating a potential 10.4% upside. Bank of America Securities also maintained a Buy rating with a $62.00 price target in a report issued on May 5.
Toast Inc (TOST)
Bernstein analyst Harshita Rawat maintained a Hold rating on Toast Inc. The company’s shares closed at $45.09. Rawat, a 4-star analyst with an average return of 13.4% and a 62.9% success rate, covers Technology sector stocks including Fidelity National Info and Fiserv.
Toast Inc currently has a Moderate Buy consensus among analysts, with an average price target of $44.37, representing a 0.4% upside from current levels. D.A. Davidson also maintained a Hold rating with a $40.00 price target in a report issued on April 30.
Sunny Optical Technology (Group) Co (SNPTF)
Hanxu Wang from Bernstein maintained a Buy rating on Sunny Optical Technology, setting a price target of HK$97.00. The company’s shares closed at $8.25. The analyst consensus for Sunny Optical Technology is Moderate Buy, with an average price target of $11.81.
These analyst ratings provide valuable insights into the performance and prospects of these technology companies, helping investors make informed decisions.
