There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Virtusa Corp (VRTU) and Bottomline Technologies (EPAY) with bullish sentiments.
Virtusa Corp (VRTU)
In a report released today, Vincent Colicchio from Barrington maintained a Buy rating on Virtusa Corp, with a price target of $64. The company’s shares closed yesterday at $47.74.
“We expect Virtusa to release its fiscal Q3/19 earnings results on the market close. Subsequently, the company plans to hold a conference call at 5:00 pm ET. The dial‐in number for domestic callers is 877‐317‐6789 and the dial‐in number for international callers is 412‐317‐0088. The conference ID for both numbers is 10128278.”
According to TipRanks.com, Colicchio ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -7.9% and a 36.7% success rate. Colicchio covers the Technology sector, focusing on stocks such as Sykes Enterprises Inc, Exlservice Holdings, and Computer Task.
Virtusa Corp has an analyst consensus of Strong Buy, with a price target consensus of $61.60.
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Bottomline Technologies (EPAY)
In a report released today, Gary Prestopino from Barrington maintained a Buy rating on Bottomline Technologies. The company’s shares closed yesterday at $49.47.
According to TipRanks.com, Prestopino is a 1-star analyst with an average return of -2.2% and a 42.1% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services Inc, US Auto Parts Network, and Liquidity Services.
Currently, the analyst consensus on Bottomline Technologies is a Moderate Buy with an average price target of $68.50.
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