Analysts Offer Insights on Technology Companies: 2U Inc (NASDAQ: TWOU) and Bottomline Technologies (NASDAQ: EPAY)


There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on 2U Inc (NASDAQ: TWOU) and Bottomline Technologies (NASDAQ: EPAY) with bullish sentiments.

2U Inc (NASDAQ: TWOU)

In a report released today, Kerry Rice from Needham reiterated a Buy rating on 2U Inc (NASDAQ: TWOU), with a price target of $95. The company’s shares closed yesterday at $82.09.

Rice has an average return of 64.0% when recommending 2U Inc.

According to TipRanks.com, Rice is ranked #125 out of 4773 analysts.

Currently, the analyst consensus on 2U Inc is Strong Buy and the average price target is $94.67, representing a 15.3% upside.

In a report released today, Oppenheimer also assigned a Buy rating to the stock with a $91 price target.

See today’s analyst top recommended stocks >>

Bottomline Technologies (NASDAQ: EPAY)

Needham analyst Mayank Tandon reiterated a Buy rating on Bottomline Technologies (NASDAQ: EPAY) today and set a price target of $48. The company’s shares closed yesterday at $39.73, close to its 52-week high of $40.97.

According to TipRanks.com, Tandon is a 5-star analyst with an average return of 18.6% and a 66.7% success rate. Tandon covers the Technology sector, focusing on stocks such as Sapiens International Corporation, Epam Systems Inc, and Ellie Mae Inc.

Currently, the analyst consensus on Bottomline Technologies is Strong Buy and the average price target is $47, representing a 18.3% upside.

In a report issued on May 1, Barrington also maintained a Buy rating on the stock with a $40 price target.

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