Analysts’ Top Technology Picks: CRTO, ARRS

By Carrie Williams

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Criteo SA (NASDAQ: CRTO) and Arris Group (NASDAQ: ARRS) with bullish sentiments.

Criteo SA (NASDAQ: CRTO)

Jefferies analyst Brian Fitzgerald reiterated a Buy rating on Criteo SA (NASDAQ: CRTO) yesterday and set a price target of $66. The company’s shares closed yesterday at $48.75, close to its 52-week high of $50.95.

According to TipRanks.com, Fitzgerald is a top 100 analyst with an average return of 16.6% and a 71.8% success rate. Fitzgerald covers the Technology sector, focusing on stocks such as Endurance International, Activision Blizzard, and IAC/InterActiveCorp.

Currently, the analyst consensus on Criteo SA is Moderate Buy and the average price target is $61, representing a 25.1% upside.

In a report issued on March 1, RBC Capital also reiterated a Buy rating on the stock with a $56 price target.
Arris Group (NASDAQ: ARRS)

In a report issued on March 14, George Notter from Jefferies reiterated a Buy rating on Arris Group (NASDAQ: ARRS), with a price target of $34. The company’s shares closed yesterday at $26.17.

According to TipRanks.com, Notter is a 4-star analyst with an average return of 9.3% and a 62.6% success rate. Notter covers the Technology sector, focusing on stocks such as Comtech Telecommunications, Hewlett Packard Enterprise, and Interxion Holding NV.

Currently, the analyst consensus on Arris Group is Strong Buy and the average price target is $33, representing a 26.1% upside.

In a report issued on March 14, Goldman Sachs also upgraded the stock to Buy with a $32 price target.

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