23-05-2025
Analysts Are Bullish on Top Technology Stocks: Lenovo Group (LNVGF), RedCloud Holdings plc (RCT)
There's a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Lenovo Group (LNVGF – Research Report) and RedCloud Holdings plc (RCT – Research Report) with bullish sentiments.
Confident Investing Starts Here:
Lenovo Group (LNVGF)
In a report released today, Jim Hin Kwong Au from DBS maintained a Buy rating on Lenovo Group, with a price target of HK$17.20. The company's shares closed last Thursday at $1.20.
According to Au is a 4-star analyst with an average return of 10.0% and a 56.4% success rate. Au covers the Technology sector, focusing on stocks such as Sunny Optical Technology (Group) Co, BYD Electronic (International) Co, and AAC Technologies Holdings.
Lenovo Group has an analyst consensus of Moderate Buy, with a price target consensus of $1.72, a 40.7% upside from current levels. In a report issued on May 18, Morgan Stanley also maintained a Buy rating on the stock with a HK$11.40 price target.
In a report released today, Rohit Kulkarni from Roth MKM reiterated a Buy rating on RedCloud Holdings plc, with a price target of $5.00. The company's shares closed last Thursday at $1.76.
According to Kulkarni is a 5-star analyst with an average return of 22.1% and a 61.4% success rate. Kulkarni covers the NA sector, focusing on stocks such as Fiverr International, Alphabet Class A, and Meta Platforms.
