Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Worldpay Inc (NYSE:WP), Bottomline Technologies (NASDAQ:EPAY) and Altair Engineering Inc (NASDAQ:ALTR).
Worldpay Inc (WP)
In a report released today, Ashwin Shirvaikar from Citigroup maintained a Buy rating on Worldpay Inc, with a price target of $103. The company’s shares opened today at $90.36, close to its 52-week high of $91.81.
According to TipRanks.com, Shirvaikar is a 5-star analyst with an average return of 17.0% and a 75.0% success rate. Shirvaikar covers the Technology sector, focusing on stocks such as Global Payments Inc, Paypal Holdings, and First Data Corp.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Worldpay Inc with a $98.59 average price target, a 9.1% upside from current levels. In a report released yesterday, Cantor Fitzgerald also maintained a Buy rating on the stock with a $92 price target.
.
See today’s analyst top recommended stocks >>
Bottomline Technologies (EPAY)
Citigroup analyst Andrew Schmitt maintained a Buy rating on Bottomline Technologies today and set a price target of $66. The company’s shares opened today at $58, close to its 52-week high of $60.90.
Schmitt has an average return of 49.1% when recommending Bottomline Technologies.
According to TipRanks.com, Schmitt is ranked #2475 out of 4850 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Bottomline Technologies with a $64.50 average price target, implying an 11.2% upside from current levels. In a report issued on August 6, Barrington also maintained a Buy rating on the stock.
.
Altair Engineering Inc (ALTR)
In a report released today, Matthew Hedberg from RBC Capital maintained a Hold rating on Altair Engineering Inc, with a price target of $40. The company’s shares opened today at $37.50, close to its 52-week high of $39.20.
According to TipRanks.com, Hedberg is a top 25 analyst with an average return of 33.5% and a 81.8% success rate. Hedberg covers the Technology sector, focusing on stocks such as Varonis Systems, Citrix Systems, and Proofpoint Inc.
Currently, the analyst consensus on Altair Engineering Inc is a Moderate Buy with an average price target of $39.75, which is a 6.0% upside from current levels. In a report released today, Canaccord Genuity also maintained a Hold rating on the stock with a $38 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.
