Analysts Conflicted on These Technology Names: Worldpay Inc (WP) and Paylocity (PCTY)


Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Worldpay Inc (NYSE:WP) and Paylocity (NASDAQ:PCTY).

Worldpay Inc (WP)

Mizuho Securities analyst Thomas McCrohan reiterated a Hold rating on Worldpay Inc yesterday and set a price target of $88. The company’s shares closed yesterday at $90.60, close to its 52-week high of $90.80.

According to TipRanks.com, McCrohan is a 5-star analyst with an average return of 22.4% and a 73.0% success rate. McCrohan covers the Technology sector, focusing on stocks such as Total System Services, Global Payments Inc, and Paypal Holdings.

Currently, the analyst consensus on Worldpay Inc is a Strong Buy with an average price target of $97.33, which is a 7.4% upside from current levels. In a report released today, SunTrust Robinson also maintained a Hold rating on the stock with a $95 price target.

.

See today’s analyst top recommended stocks >>

Paylocity (PCTY)

SunTrust Robinson analyst Terry Tillman reiterated a Buy rating on Paylocity today and set a price target of $72. The company’s shares closed yesterday at $64.05, close to its 52-week high of $66.14.

According to TipRanks.com, Tillman is a top 100 analyst with an average return of 36.7% and a 83.9% success rate. Tillman covers the Technology sector, focusing on stocks such as Manhattan Associates, Coupa Software Inc, and Ultimate Software.

Paylocity has an analyst consensus of Strong Buy, with a price target consensus of $71, implying a 10.9% upside from current levels. In a report released yesterday, Stifel Nicolaus also reiterated a Buy rating on the stock with a $78 price target.

.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts