Analysts Have Conflicting Sentiments on These Technology Companies: Activision Blizzard Inc (NASDAQ: ATVI), CafePress Inc (NASDAQ: PRSS) and Demand Media Inc (NYSE: DMD)

Analysts have been eager to weigh in on the Technology sector with new ratings on Activision Blizzard Inc (NASDAQ: ATVI), CafePress Inc (NASDAQ: PRSS) and Demand Media Inc (NYSE: DMD).

Activision Blizzard Inc (NASDAQ: ATVI)

In a report released yesterday, Brian Pitz from Jefferies reiterated a Buy rating on Activision Blizzard (NASDAQ: ATVI), with a price target of $55. The company’s shares closed yesterday at $40.12, close to its 52-week high of $43.05.

According to TipRanks.com, Pitz is a top 100 analyst with an average return of 9.7% and a 66.2% success rate. Pitz covers the Technology sector, focusing on stocks such as Endurance International, IAC/InterActiveCorp, and Active Network Inc.

Currently, the analyst consensus on Activision Blizzard is Strong Buy and the average price target is $45.80, representing a 14.2% upside.

In a report issued on August 8, Stifel Nicolaus also reiterated a Buy rating on the stock with a $46 price target.
CafePress Inc (NASDAQ: PRSS)

Jefferies analyst Brian Pitz reiterated a Hold rating on CafePress (NASDAQ: PRSS) yesterday and set a price target of $3.50. The company’s shares closed yesterday at $2.99, close to its 52-week low of $2.88.

According to TipRanks.com, Pitz is a top 100 analyst with an average return of 9.7% and a 66.2% success rate. Pitz covers the Technology sector, focusing on stocks such as Endurance International, Activision Blizzard, and IAC/InterActiveCorp.

Currently, the analyst consensus on CafePress is Hold and the average price target is $3.50, representing a 17.1% upside.

In a report issued on August 8, Cantor Fitzgerald also reiterated a Hold rating on the stock with a $3.50 price target.
Demand Media Inc (NYSE: DMD)

Jefferies analyst Brian Pitz reiterated a Hold rating on Demand Media (NYSE: DMD) yesterday and set a price target of $6. The company’s shares closed yesterday at $5.63.

According to TipRanks.com, Pitz is a top 100 analyst with an average return of 9.7% and a 66.2% success rate. Pitz covers the Technology sector, focusing on stocks such as Endurance International, Activision Blizzard, and IAC/InterActiveCorp.

Demand Media has an analyst consensus of Moderate Buy, with a price target consensus of $6

.