Analysts have been eager to weigh in on the Technology sector with new ratings on Alliance Data Systems (NYSE:ADS) and Oracle Corp (NYSE:ORCL).
Alliance Data Systems (ADS)
In a report released yesterday, Paul Condra from Credit Suisse maintained a Sell rating on Alliance Data Systems, with a price target of $200. The company’s shares closed yesterday at $246.12.
According to TipRanks.com, Condra is a 5-star analyst with an average return of 17.2% and a 80.2% success rate. Condra covers the Technology sector, focusing on stocks such as Total System Services, Paypal Holdings, and ACI Worldwide.
The word on The Street in general, suggests a Hold analyst consensus rating for Alliance Data Systems with a $251.75 average price target.
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Oracle Corp (ORCL)
Credit Suisse analyst Brad Zelnick maintained a Buy rating on Oracle Corp yesterday and set a price target of $60. The company’s shares closed yesterday at $49.18.
According to TipRanks.com, Zelnick is a 4-star analyst with an average return of 11.2% and a 77.1% success rate. Zelnick covers the Technology sector, focusing on stocks such as Ultimate Software, Salesforce.com, and Everbridge Inc.
Oracle Corp has an analyst consensus of Moderate Buy, with a price target consensus of $54.81, an 11.4% upside from current levels. In a report issued on September 7, Barclays also maintained a Buy rating on the stock with a $60 price target.
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