Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Amdocs (NASDAQ:DOX) and CGI Group (NYSE:GIB).
Amdocs (DOX)
In a report released yesterday, Tavy Rosner from Barclays maintained a Hold rating on Amdocs, with a price target of $73. The company’s shares closed yesterday at $65.98.
According to TipRanks.com, Rosner is ranked #2057 out of 4839 analysts.
Currently, the analyst consensus on Amdocs is a Moderate Buy with an average price target of $74.33.
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CGI Group (GIB)
Barclays analyst Phillip Huang maintained a Buy rating on CGI Group yesterday and set a price target of $68. The company’s shares closed yesterday at $62.49.
According to TipRanks.com, Huang is a 5-star analyst with an average return of 11.9% and a 84.3% success rate. Huang covers the Technology sector, focusing on stocks such as Rogers Communication, Descartes, and BCE Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CGI Group with a $68 average price target.
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