Analysts Offer Insights on Technology Companies: Ansys (ANSS) and Workday Inc (WDAY)


Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Ansys (ANSS) and Workday Inc (WDAY).

Ansys (ANSS)

Wedbush analyst Steven Koenig maintained a Buy rating on Ansys today and set a price target of $201. The company’s shares opened today at $179.65.

According to TipRanks.com, Koenig is a 5-star analyst with an average return of 15.2% and a 67.9% success rate. Koenig covers the Technology sector, focusing on stocks such as Progress Software Corp, Aspen Technology, and Pegasystems Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ansys with a $196.80 average price target, implying a 9.5% upside from current levels. In a report released yesterday, Needham also maintained a Buy rating on the stock with a $195 price target.

See today’s analyst top recommended stocks >>

Workday Inc (WDAY)

In a report released today, Walter Pritchard from Citigroup maintained a Sell rating on Workday Inc, with a price target of $138. The company’s shares opened today at $199.85, close to its 52-week high of $200.

According to TipRanks.com, Pritchard is a 5-star analyst with an average return of 13.5% and a 72.3% success rate. Pritchard covers the Technology sector, focusing on stocks such as Pivotal Software Inc, Proofpoint Inc, and Check Point.

Workday Inc has an analyst consensus of Moderate Buy, with a price target consensus of $208.94.

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