Analysts Are Bullish on These Technology Stocks: SoundThinking Inc (SSTI), Sony Group (SONY)

view original post

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on SoundThinking Inc (SSTIResearch Report) and Sony Group (SONYResearch Report) with bullish sentiments.

SoundThinking Inc (SSTI)

In a report released yesterday, Yi Fu Lee from Cantor Fitzgerald reiterated a Buy rating on SoundThinking Inc, with a price target of $20.00. The company’s shares closed last Tuesday at $14.40, close to its 52-week low of $12.98.

According to TipRanks.com, Lee is a 1-star analyst with an average return of -20.6% and a 0.0% success rate. Lee covers the Technology sector, focusing on stocks such as BigBearai Holdings, Cloudflare, and Fortinet.

Currently, the analyst consensus on SoundThinking Inc is a Strong Buy with an average price target of $22.00, implying a 49.8% upside from current levels. In a report released today, JMP Securities also reiterated a Buy rating on the stock with a $25.00 price target.

See the top stocks recommended by analysts >>

Sony Group (SONY)

In a report released today, Doug Creutz from TD Cowen maintained a Buy rating on Sony Group. The company’s shares closed last Tuesday at $81.23.

According to TipRanks.com, Creutz is a 5-star analyst with an average return of 19.7% and a 63.2% success rate. Creutz covers the NA sector, focusing on stocks such as Live Nation Entertainment, Paramount Global Class B, and Playtika Holding.

Sony Group has an analyst consensus of Strong Buy, with a price target consensus of $112.93.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on SSTI: