There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on EverQuote (EVER – Research Report) and BigCommerce Holdings (BIGC – Research Report) with bullish sentiments.
Oppenheimer analyst Jed Kelly assigned a Buy rating to EverQuote today and set a price target of $70.00. The company’s shares closed last Tuesday at $46.50.
According to TipRanks.com, Kelly is a 4-star analyst with an average return of 14.6% and a 54.8% success rate. Kelly covers the Technology sector, focusing on stocks such as Rush Street Interactive, DraftKings, and CarGurus.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for EverQuote with a $62.00 average price target, a 29.1% upside from current levels. In a report released today, Needham also reiterated a Buy rating on the stock with a $65.00 price target.
BigCommerce Holdings (BIGC)
Needham analyst Scott Berg maintained a Buy rating on BigCommerce Holdings today and set a price target of $85.00. The company’s shares closed last Tuesday at $54.00.
According to TipRanks.com, Berg is a top 25 analyst with an average return of 34.7% and a 76.1% success rate. Berg covers the Technology sector, focusing on stocks such as GTY Technology Holdings, Cornerstone Ondemand, and Tyler Technologies.
Currently, the analyst consensus on BigCommerce Holdings is a Hold with an average price target of $70.80.
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