There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Wix (WIX – Research Report) and Xiaomi (XIACF – Research Report) with bullish sentiments.
Wix (WIX)
Evercore ISI analyst Robert Coolbrith reiterated a Buy rating on Wix yesterday and set a price target of $250.00. The company’s shares closed last Thursday at $154.99.
According to TipRanks.com, Coolbrith is a 1-star analyst with an average return of
Wix has an analyst consensus of Strong Buy, with a price target consensus of $220.15, a 43.0% upside from current levels. In a report released today, Robert W. Baird also upgraded the stock to Buy with a $190.00 price target.
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Xiaomi (XIACF)
UOB Kay Hian analyst Johnny Yum maintained a Buy rating on Xiaomi today and set a price target of HK$66.00. The company’s shares closed last Thursday at $6.89.
Yum has an average return of
According to TipRanks.com, Yum is ranked #4011 out of 9559 analysts.
Xiaomi has an analyst consensus of Strong Buy, with a price target consensus of $8.38, representing a 19.7% upside. In a report issued on May 16, Bernstein also maintained a Buy rating on the stock with a HK$55.00 price target.
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