5 Most Promising Tech Stocks According to Analysts

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In this piece, we will take a look at the five most promising tech stocks according to analysts. If you want to learn about potential high growth tech sectors apart from A.I., then check out 13 Most Promising Tech Stocks According to Analysts.

5. Wallbox N.V. (NYSE:WBX)

Latest Average Analyst Share Price Target: $3.49

Latest Share Price Percentage Upside: 88.65%

Wallbox N.V. (NYSE:WBX) is a Spanish company that sells power management and storage systems. A broader slowdown in the renewable energy industry seemed to catch up with the firm in September 2023 when UBS downgraded its shares to Neutral from Buy and adjusted the share price target to $3 from an earlier $5.

Insider Monkey’s third quarter of 2023 survey covering 910 hedge funds revealed that three had held a stake in Wallbox N.V. (NYSE:WBX). Robert Charles Gibbins’s Autonomy Capital was the biggest investor out of these as it owned $395,217 worth of shares.

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