Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Aspen Technology (NASDAQ:AZPN), Match Group Inc (NASDAQ:MTCH) and Symantec Corp (NASDAQ:SYMC).
Aspen Technology (AZPN)
Canaccord Genuity analyst David Hynes maintained a Hold rating on Aspen Technology today and set a price target of $100. The company’s shares closed yesterday at $107.68, close to its 52-week high of $109.05.
According to TipRanks.com, Hynes is a top 100 analyst with an average return of 32.8% and a 75.6% success rate. Hynes covers the Technology sector, focusing on stocks such as Veeva Systems, SPS Commerce, and Q2 Holdings.
Currently, the analyst consensus on Aspen Technology is a Moderate Buy with an average price target of $110.67, which is a 2.8% upside from current levels. In a report issued on August 10, Wedbush also maintained a Hold rating on the stock with a $106 price target.
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Match Group Inc (MTCH)
In a report released today, Kunal Madhukar from Deutsche Bank maintained a Buy rating on Match Group Inc, with a price target of $56. The company’s shares closed yesterday at $46.49, close to its 52-week high of $51.74.
According to TipRanks.com, Madhukar is a 4-star analyst with an average return of 48.9% and a 62.5% success rate. Madhukar covers the Technology sector, focusing on stocks such as ANGI Homeservices Inc, Facebook, and Snap Inc.
Match Group Inc has an analyst consensus of Moderate Buy, with a price target consensus of $51, which is a 9.7% upside from current levels. In a report issued on August 8, Jefferies also maintained a Buy rating on the stock with a $55 price target.
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Symantec Corp (SYMC)
In a report released today, Karl Keirstead from Deutsche Bank maintained a Hold rating on Symantec Corp, with a price target of $20. The company’s shares closed yesterday at $19.41.
According to TipRanks.com, Keirstead is a 5-star analyst with an average return of 13.3% and a 66.8% success rate. Keirstead covers the Technology sector, focusing on stocks such as Ceridian HCM Holding Inc, Salesforce.com, and Oracle Corp.
Symantec Corp has an analyst consensus of Hold, with a price target consensus of $20.89, a 7.6% upside from current levels. In a report issued on August 3, RBC Capital also reiterated a Hold rating on the stock with a $21 price target.
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