Analysts Offer Insights on Technology Companies: Cars (NYSE: CARS) and DHI Group (NYSE: DHX)

By Carrie Williams

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Cars (CARSResearch Report) and DHI Group (DHXResearch Report) with bullish sentiments.

Cars (CARS)

In a report issued on November 7, Lee Krowl from B.Riley FBR maintained a Buy rating on Cars, with a price target of $18.00. The company’s shares closed last Monday at $12.59.

According to TipRanks.com, Krowl is a 4-star analyst with an average return of 18.7% and a 55.6% success rate. Krowl covers the Technology sector, focusing on stocks such as Limelight Networks, Rubicon Project, and Digital Turbine.

Currently, the analyst consensus on Cars is a Moderate Buy with an average price target of $16.63, implying a 30.5% upside from current levels. In a report issued on November 6, Barrington also upgraded the stock to Buy with a $20.00 price target.

See today’s analyst top recommended stocks >>

DHI Group (DHX)

B.Riley FBR analyst Kara Anderson maintained a Buy rating on DHI Group on November 8 and set a price target of $4.50. The company’s shares closed last Monday at $3.00.

Anderson has an average return of 65.7% when recommending DHI Group.

According to TipRanks.com, Anderson is ranked #1158 out of 5612 analysts.

DHI Group has an analyst consensus of Moderate Buy, with a price target consensus of $4.50.

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