Analysts Are Neutral on Top Technology Stocks: NIC Inc (EGOV), WEX (WEX)


Analysts fell to the sidelines weighing in on NIC Inc (NASDAQ:EGOV) and WEX (NYSE:WEX) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.

NIC Inc (EGOV)

Stephens analyst John Campbell reiterated a Hold rating on NIC Inc today and set a price target of $18. The company’s shares opened today at $16.60.

According to TipRanks.com, Campbell is ranked #447 out of 4839 analysts.

NIC Inc has an analyst consensus of Hold.

See today’s analyst top recommended stocks >>

WEX (WEX)

Wells Fargo analyst Timothy Willi maintained a Hold rating on WEX today. The company’s shares opened today at $188.94, close to its 52-week high of $198.82.

According to TipRanks.com, Willi is a 4-star analyst with an average return of 10.5% and a 70.6% success rate. Willi covers the Technology sector, focusing on stocks such as Total System Services, Paypal Holdings, and Square Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for WEX with a $211.71 average price target, which is a 12.1% upside from current levels. In a report issued on July 19, Morgan Stanley also maintained a Hold rating on the stock with a $188 price target.

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