Analysts Offer Insights on Technology Companies: Athenahealth (LXFT) and Luxoft Holding (LXFT)


Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Athenahealth (NASDAQ: ATHN) and Luxoft Holding (NYSE: LXFT).

Athenahealth (NASDAQ: ATHN)

Deutsche Bank analyst Glen Santangelo maintained a Hold rating on Athenahealth (NASDAQ: ATHN) today and set a price target of $170. The company’s shares closed yesterday at $153.25, close to its 52-week high of $158.66.

According to TipRanks.com, Santangelo is a 4-star analyst with an average return of 12.8% and a 66.7% success rate. Santangelo covers the Services sector, focusing on stocks such as Diplomat Pharmacy, Express Scripts, and Henry Schein.

Currently, the analyst consensus on Athenahealth is Moderate Buy and the average price target is $153.27, representing a 0.0% upside.

In a report issued on May 8, Jefferies also maintained a Hold rating on the stock with a $130 price target.

See today’s analyst top recommended stocks >>

Luxoft Holding (NYSE: LXFT)

KeyBanc analyst Arvind Ramnani maintained a Buy rating on Luxoft Holding (NYSE: LXFT) today and set a price target of $53. The company’s shares closed yesterday at $42.20, close to its 52-week low of $38.50.

According to TipRanks.com, Ramnani is a 4-star analyst with an average return of 20.3% and a 84.8% success rate. Ramnani covers the Technology sector, focusing on stocks such as DXC Technology Company, Epam Systems Inc, and Accenture.

Luxoft Holding has an analyst consensus of Moderate Buy, with a price target consensus of $53.50.

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