Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Activision Blizzard (NASDAQ:ATVI) and Appian Corp (NASDAQ:APPN).
Activision Blizzard (ATVI)
Barclays analyst Ryan Gee maintained a Hold rating on Activision Blizzard today and set a price target of $79. The company’s shares closed on Friday at $71.32.
According to TipRanks.com, Gee is ranked #2547 out of 4846 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Activision Blizzard with a $83.50 average price target.
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Appian Corp (APPN)
In a report released today, Raimo Lenschow from Barclays maintained a Sell rating on Appian Corp, with a price target of $28. The company’s shares closed on Friday at $30.51.
According to TipRanks.com, Lenschow is a top 100 analyst with an average return of 18.3% and a 73.4% success rate. Lenschow covers the Technology sector, focusing on stocks such as Ceridian HCM Holding Inc, Coupa Software Inc, and Citrix Systems.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Appian Corp with a $29.80 average price target.
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