Analysts’ Opinions Are Mixed on These Technology Stocks: Asana (ASAN) and Ducommun (DCO)

Stock Market

Analysts have been eager to weigh in on the Technology sector with new ratings on Asana (ASANResearch Report) and Ducommun (DCOResearch Report).

Asana (ASAN)

RBC Capital analyst Rishi Jaluria maintained a Hold rating on Asana on December 3 and set a price target of $75.00. The company’s shares closed last Friday at $66.98.

According to TipRanks.com, Jaluria is a 4-star analyst with an average return of 14.3% and a 57.1% success rate. Jaluria covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Zoom Video Communications, and Duck Creek Technologies.

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Asana has an analyst consensus of Moderate Buy, with a price target consensus of $109.00, representing a 54.2% upside. In a report issued on November 29, Jefferies also maintained a Hold rating on the stock with a $120.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Ducommun (DCO)

RBC Capital analyst Kenneth Herbert maintained a Buy rating on Ducommun on December 2 and set a price target of $62.00. The company’s shares closed last Friday at $44.05, close to its 52-week low of $42.20.

According to TipRanks.com, Herbert is a 5-star analyst with an average return of 21.4% and a 63.4% success rate. Herbert covers the Technology sector, focusing on stocks such as Virgin Galactic Holdings, Spirit AeroSystems, and Transdigm Group.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ducommun with a $62.00 average price target.

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