Analysts’ Opinions Are Mixed on These Technology Stocks: Tableau (NYSE: DATA) and Ceragon Networks (NASDAQ: CRNT)By Ryan Adsit
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Tableau (NYSE: DATA) and Ceragon Networks (NASDAQ: CRNT).
Tableau (NYSE: DATA)
Oppenheimer analyst Ittai Kidron assigned a Buy rating to Tableau (NYSE: DATA) yesterday and set a price target of $55. The company’s shares closed yesterday at $46, close to its 52-week low of $36.60.
According to TipRanks.com, Kidron is a 1-star analyst with an average return of -0.5% and a 51.6% success rate. Kidron covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Advanced Micro Devices, and Riverbed Technology.
Currently, the analyst consensus on Tableau is Moderate Buy and the average price target is $60, representing a 30.4% upside.
In a report issued on November 2, Wunderlich also reiterated a Buy rating on the stock with a $58 price target.
Ceragon Networks (NASDAQ: CRNT)
According to TipRanks.com, Iwanyc is a 2-star analyst with an average return of 12.2% and a 100.0% success rate. Iwanyc covers the Technology sector, focusing on stocks such as Arista Networks, Cisco Systems, and Allot.
Ceragon Networks has an analyst consensus of Moderate Buy, with a price target consensus of $3.