Analysts Offer Insights on Technology Companies: Mimecast (NASDAQ: MIME) and Corsair Gaming (NASDAQ: CRSR)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Mimecast (MIMEResearch Report) and Corsair Gaming (CRSRResearch Report) with bullish sentiments.

Mimecast (MIME)

Needham analyst Alex Henderson maintained a Buy rating on Mimecast today and set a price target of $75.00. The company’s shares closed last Tuesday at $58.35, close to its 52-week high of $59.48.

According to TipRanks.com, Henderson is a top 100 analyst with an average return of 30.1% and a 70.9% success rate. Henderson covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, Applied Optoelectronics, and CrowdStrike Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Mimecast with a $65.09 average price target, which is a 13.2% upside from current levels. In a report issued on July 26, Colliers Securities also reiterated a Buy rating on the stock with a $70.00 price target.

See today’s analyst top recommended stocks >>

Corsair Gaming (CRSR)

Wedbush analyst Michael Pachter reiterated a Buy rating on Corsair Gaming today and set a price target of $45.00. The company’s shares closed last Tuesday at $27.22.

According to TipRanks.com, Pachter is a 4-star analyst with an average return of 7.7% and a 57.9% success rate. Pachter covers the Technology sector, focusing on stocks such as Playtika Holding, Unity Software, and Logitech.

Corsair Gaming has an analyst consensus of Strong Buy, with a price target consensus of $46.67.

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