Analysts Offer Insights on Technology Companies: Glu Mobile (NASDAQ: GLUU), Elastic (NYSE: ESTC) and Accolade (NASDAQ: ACCD)

Analysts have been eager to weigh in on the Technology sector with new ratings on Glu Mobile (GLUUResearch Report), Elastic (ESTCResearch Report) and Accolade (ACCDResearch Report).

Glu Mobile (GLUU)

In a report released today, Matthew Cost from Morgan Stanley maintained a Hold rating on Glu Mobile, with a price target of $9.00. The company’s shares closed last Wednesday at $8.20.

Cost has an average return of 57.4% when recommending Glu Mobile.

According to TipRanks.com, Cost is ranked #2886 out of 7018 analysts.

Glu Mobile has an analyst consensus of Strong Buy, with a price target consensus of $11.15.

See today’s analyst top recommended stocks >>

Elastic (ESTC)

In a report released today, Brian White from Monness maintained a Buy rating on Elastic, with a price target of $142.00. The company’s shares closed last Wednesday at $124.14.

According to TipRanks.com, White is a top 25 analyst with an average return of 31.9% and a 79.7% success rate. White covers the Technology sector, focusing on stocks such as Spotify Technology SA, Slack Technologies, and Alphabet Class A.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Elastic with a $132.92 average price target, representing a 4.6% upside. In a report issued on October 2, RBC Capital also maintained a Buy rating on the stock with a $125.00 price target.

Accolade (ACCD)

In a report released today, Stephanie Davis from Leerink Partners maintained a Hold rating on Accolade, with a price target of $44.00. The company’s shares closed last Wednesday at $44.49, close to its 52-week high of $44.96.

According to TipRanks.com, Davis is a 5-star analyst with an average return of 23.6% and a 63.5% success rate. Davis covers the Technology sector, focusing on stocks such as Computer Programs and Systems, Tabula Rasa HealthCare, and Nuance Communications.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Accolade with a $43.75 average price target.

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