Analysts Have Conflicting Sentiments on These Technology Companies: Luxoft Holding (LXFT), Boingo Wireless Inc (WIFI) and Athenahealth (ATHN)


Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Luxoft Holding (LXFT), Boingo Wireless Inc (WIFI) and Athenahealth (ATHN).

Luxoft Holding (LXFT)

In a report released today, Arvind Ramnani from KeyBanc maintained a Buy rating on Luxoft Holding, with a price target of $52. The company’s shares closed yesterday at $40.78.

According to TipRanks.com, Ramnani is a 4-star analyst with an average return of 11.9% and a 72.4% success rate. Ramnani covers the Technology sector, focusing on stocks such as Epam Systems Inc, Cognizant, and IBM.

Currently, the analyst consensus on Luxoft Holding is a Moderate Buy with an average price target of $50.67.

See today’s analyst top recommended stocks >>

Boingo Wireless Inc (WIFI)

Jefferies analyst Scott Goldman maintained a Buy rating on Boingo Wireless Inc today and set a price target of $35. The company’s shares closed yesterday at $24.84.

According to TipRanks.com, Goldman is a 4-star analyst with an average return of 11.9% and a 63.2% success rate. Goldman covers the Technology sector, focusing on stocks such as Zayo Group Holdings, CenturyLink Inc, and Switch Inc.

Currently, the analyst consensus on Boingo Wireless Inc is a Strong Buy with an average price target of $37.33, a 50.3% upside from current levels. In a report issued on November 1, Oppenheimer also maintained a Buy rating on the stock with a $39 price target.

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Athenahealth (ATHN)

In a report released today, Stephanie Davis from Citigroup maintained a Hold rating on Athenahealth, with a price target of $135. The company’s shares closed yesterday at $131.97.

According to TipRanks.com, Davis is ranked #1177 out of 4883 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Athenahealth with a $136.82 average price target, implying a 3.7% upside from current levels. In a report released yesterday, Robert W. Baird also downgraded the stock to Hold with a $135 price target.

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