Wall Street Analysts Are Bullish on Top Technology Picks

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Blue Owl Technology Finance Corp. (OTF – Research Report) and Sportradar Group AG (SRAD – Research Report) with bullish sentiments.

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Blue Owl Technology Finance Corp. (OTF)

In a report released today, Arren Cyganovich from Truist Financial reiterated a Buy rating on Blue Owl Technology Finance Corp., with a price target of $17.00. The company’s shares closed last Wednesday at $13.61, close to its 52-week low of $13.50.

According to TipRanks.com, Cyganovich is a 5-star analyst with an average return of 19.8% and a 67.8% success rate. Cyganovich covers the Financial sector, focusing on stocks such as MidCap Financial Investment Corporation, Blackstone Secured Lending Fund, and Sixth Street Specialty Lending. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Blue Owl Technology Finance Corp. with a $15.86 average price target.

See the top stocks recommended by analysts >>

Sportradar Group AG (SRAD)

Craig-Hallum analyst Ryan Sigdahl maintained a Buy rating on Sportradar Group AG on September 30. The company’s shares closed last Wednesday at $26.51.

According to TipRanks.com, Sigdahl is a 5-star analyst with an average return of 14.5% and a 50.5% success rate. Sigdahl covers the NA sector, focusing on stocks such as Rush Street Interactive, Inspired Entertainment, and Sportsman’s Warehouse. ;'>

Currently, the analyst consensus on Sportradar Group AG is a Strong Buy with an average price target of $33.31, representing a 24.5% upside. In a report issued on September 19, J.P. Morgan also reiterated a Buy rating on the stock with a $35.00 price target.

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Disclaimer & DisclosureReport an Issue

• Blue Owl Technology Finance management to meet with Truist
• Blue Owl Technology Finance management to meet with Oppenheimer
• Blue Owl Technology Finance initiated with a Neutral at BofA
• Blue Owl Technology Finance initiated with a Hold at Clear Street
• Blue Owl Technology Waives Stock Transfer Restrictions