Analysts Conflicted on These Technology Names: Aspen Technology (AZPN) and Yelp Inc (YELP)


Analysts have been eager to weigh in on the Technology sector with new ratings on Aspen Technology (NASDAQ:AZPN) and Yelp Inc (NYSE:YELP).

Aspen Technology (AZPN)

Robert W. Baird analyst Robert Oliver maintained a Buy rating on Aspen Technology today and set a price target of $114. The company’s shares opened today at $105.59, close to its 52-week high of $108.63.

According to TipRanks.com, Oliver is a 5-star analyst with an average return of 33.6% and a 87.7% success rate. Oliver covers the Technology sector, focusing on stocks such as Tyler Technologies, Citrix Systems, and Salesforce.com.

Currently, the analyst consensus on Aspen Technology is a Moderate Buy with an average price target of $113, representing a 7.0% upside. In a report released today, KeyBanc also maintained a Buy rating on the stock with a $112 price target.

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See today’s analyst top recommended stocks >>

Yelp Inc (YELP)

In a report released today, Colin Sebastian from Robert W. Baird maintained a Hold rating on Yelp Inc, with a price target of $45. The company’s shares opened today at $44.

According to TipRanks.com, Sebastian is a top 25 analyst with an average return of 27.2% and a 77.4% success rate. Sebastian covers the Technology sector, focusing on stocks such as Activision Blizzard, Paypal Holdings, and ChannelAdvisor.

Yelp Inc has an analyst consensus of Moderate Buy, with a price target consensus of $49.57, which is a 12.7% upside from current levels. In a report released today, Stifel Nicolaus also maintained a Hold rating on the stock with a $42 price target.

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