Analysts Have Conflicting Sentiments on These Technology Companies: Glu Mobile (NASDAQ: GLUU) and Oracle (NYSE: ORCL)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Glu Mobile (GLUUResearch Report) and Oracle (ORCLResearch Report).

Glu Mobile (GLUU)

In a report released today, Darren Aftahi from Roth Capital maintained a Buy rating on Glu Mobile, with a price target of $12.50. The company’s shares closed last Tuesday at $8.76.

According to TipRanks.com, Aftahi is a top 100 analyst with an average return of 29.4% and a 56.4% success rate. Aftahi covers the Technology sector, focusing on stocks such as Digital Turbine, Mitek Systems, and Remark Media.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Glu Mobile with a $10.70 average price target, which is a 16.6% upside from current levels. In a report issued on June 10, UBS also initiated coverage with a Buy rating on the stock with a $13.00 price target.

See today’s analyst top recommended stocks >>

Oracle (ORCL)

In a report released today, Brad Reback from Stifel Nicolaus maintained a Hold rating on Oracle, with a price target of $48.00. The company’s shares closed last Tuesday at $54.59.

According to TipRanks.com, Reback is a top 100 analyst with an average return of 19.1% and a 66.2% success rate. Reback covers the Technology sector, focusing on stocks such as Citrix Systems, Paylocity, and Cloudera.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Oracle with a $55.00 average price target, which is a 1.0% upside from current levels. In a report issued on June 8, Monness also maintained a Hold rating on the stock.

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