Analysts fell to the sidelines weighing in on Dialog Semiconductor (DLGNF – Research Report) and Endava (DAVA – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
Dialog Semiconductor (DLGNF)
Credit Suisse analyst Achal Sultania maintained a Hold rating on Dialog Semiconductor today and set a price target of EUR67.50. The company’s shares closed last Tuesday at $78.15, close to its 52-week high of $81.05.
According to TipRanks.com, Sultania is a 4-star analyst with an average return of 17.0% and a 62.3% success rate. Sultania covers the Technology sector, focusing on stocks such as Infineon Technologies AG, Tower Semiconductor, and Stmicroelectronics.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dialog Semiconductor with a $78.55 average price target, representing a 2.3% upside. In a report issued on February 18, UBS also downgraded the stock to Hold with a EUR67.50 price target.
In a report released today, James Faucette from Morgan Stanley maintained a Hold rating on Endava, with a price target of $93.00. The company’s shares closed last Wednesday at $90.10, close to its 52-week high of $91.00.
According to TipRanks.com, Faucette is a 5-star analyst with an average return of 18.4% and a 83.6% success rate. Faucette covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, TELUS International (CDA), and Fidelity National Info.
Endava has an analyst consensus of Moderate Buy, with a price target consensus of $89.40, implying a -0.2% downside from current levels. In a report issued on February 18, Deutsche Bank also maintained a Hold rating on the stock with a $84.00 price target.
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.