Analysts Are Bullish on Top Technology Stocks: Pagaya Technologies Ltd (PGY), Robinhood Markets (HOOD)

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There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Pagaya Technologies Ltd (PGYResearch Report), Robinhood Markets (HOODResearch Report) and Braze (BRZEResearch Report) with bullish sentiments.

Pagaya Technologies Ltd (PGY)

In a report released today, David Scharf from JMP Securities reiterated a Buy rating on Pagaya Technologies Ltd, with a price target of $25.00. The company’s shares closed last Thursday at $12.40, close to its 52-week low of $8.56.

According to TipRanks.com, Scharf is a 4-star analyst with an average return of 8.0% and a 49.4% success rate. Scharf covers the Financial sector, focusing on stocks such as Bread Financial Holdings, Synchrony Financial, and Atlanticus Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Pagaya Technologies Ltd with a $24.33 average price target.

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Robinhood Markets (HOOD)

JMP Securities analyst Devin Ryan reiterated a Buy rating on Robinhood Markets today and set a price target of $30.00. The company’s shares closed last Thursday at $22.97.

According to TipRanks.com, Ryan is a top 25 analyst with an average return of 21.8% and a 69.6% success rate. Ryan covers the Financial sector, focusing on stocks such as Perella Weinberg Partners, Raymond James Financial, and Goldman Sachs Group.

Robinhood Markets has an analyst consensus of Hold, with a price target consensus of $21.35, representing a -4.0% downside. In a report released yesterday, Bank of America Securities also reiterated a Buy rating on the stock with a $24.00 price target.

Braze (BRZE)

In a report released today, Patrick Walravens from JMP Securities maintained a Buy rating on Braze, with a price target of $68.00. The company’s shares closed last Thursday at $36.78, close to its 52-week low of $31.94.

According to TipRanks.com, Walravens has 0 stars on 0-5 stars ranking scale with an average return of -9.1% and a 32.3% success rate. Walravens covers the Technology sector, focusing on stocks such as Zoom Video Communications, DigitalOcean Holdings, and ZoomInfo Technologies.

Braze has an analyst consensus of Strong Buy, with a price target consensus of $62.50, representing a 74.8% upside. In a report issued on May 30, J.P. Morgan also maintained a Buy rating on the stock.

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