Analysts Offer Insights on Technology Companies: SolarEdge Technologies (NASDAQ: SEDG), TripAdvisor Inc. (NASDAQ: TRIP) and Tableau (NYSE: DATA)

By Carrie Williams

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on SolarEdge Technologies (NASDAQ: SEDG), TripAdvisor Inc. (NASDAQ: TRIP) and Tableau (NYSE: DATA).

SolarEdge Technologies (NASDAQ: SEDG)

In a report released today, Edwin Mok from Needham reiterated a Buy rating on SolarEdge Technologies (NASDAQ: SEDG), with a price target of $22. The company’s shares closed yesterday at $14, close to its 52-week low of $12.70.

According to TipRanks.com, Mok is a 4-star analyst with an average return of 3.3% and a 55.8% success rate. Mok covers the Technology sector, focusing on stocks such as Advanced Energy Industries, Axcelis Technologies, and Ultra Clean Holdings.

Currently, the analyst consensus on SolarEdge Technologies is Hold and the average price target is $21, representing a 50.0% upside.

In a report issued on November 7, Canaccord Genuity also maintained a Buy rating on the stock with a $20 price target.
TripAdvisor Inc. (NASDAQ: TRIP)

In a report issued on November 8, Brad Erickson from Pacific Crest reiterated a Hold rating on TripAdvisor Inc. (NASDAQ: TRIP). The company’s shares closed yesterday at $52.63, close to its 52-week low of $51.

According to TipRanks.com, Erickson is a 1-star analyst with an average return of -6.0% and a 48.1% success rate. Erickson covers the Technology sector, focusing on stocks such as Qualcomm Inc, FleetMatics, and Garmin Ltd.

Currently, the analyst consensus on TripAdvisor Inc. is Hold and the average price target is $60.29, representing a 14.6% upside.

In a report issued on November 6, Oppenheimer also reiterated a Hold rating on the stock.
Tableau (NYSE: DATA)

In a report issued on November 8, Brent Bracelin from Pacific Crest reiterated a Buy rating on Tableau (NYSE: DATA), with a price target of $60. The company’s shares closed yesterday at $46.98.

According to TipRanks.com, Bracelin is a 2-star analyst with an average return of 0.1% and a 53.5% success rate. Bracelin covers the Technology sector, focusing on stocks such as Cornerstone Ondemand, Riverbed Technology, and Tyler Technologies.

Currently, the analyst consensus on Tableau is Moderate Buy and the average price target is $60, representing a 27.7% upside.

In a report issued on November 2, Wunderlich also reiterated a Buy rating on the stock with a $58 price target.