Analysts Conflicted on These Technology Names: Sea Limited (SE) and Sykes Enterprises Inc (SYKE)


Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Sea Limited (SE) and Sykes Enterprises Inc (SYKE).

Sea Limited (SE)

In a report released today, Scott Devitt from Stifel Nicolaus reiterated a Buy rating on Sea Limited, with a price target of $27. The company’s shares closed yesterday at $16.20, close to its 52-week high of $17.19.

According to TipRanks.com, Devitt is a top 100 analyst with an average return of 20.8% and a 69.5% success rate. Devitt covers the Technology sector, focusing on stocks such as Paypal Holdings, Eventbrite Inc, and Alphabet Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sea Limited with a $20.50 average price target, implying a 26.5% upside from current levels. In a report released today, Piper Jaffray also maintained a Buy rating on the stock with a $25 price target.

See today’s analyst top recommended stocks >>

Sykes Enterprises Inc (SYKE)

Barrington analyst Vincent Colicchio maintained a Hold rating on Sykes Enterprises Inc today. The company’s shares closed yesterday at $29.15.

According to TipRanks.com, Colicchio is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -5.2% and a 52.9% success rate. Colicchio covers the Technology sector, focusing on stocks such as Exlservice Holdings, Computer Task, and HealthStream.

Sykes Enterprises Inc has an analyst consensus of Hold.

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