There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Blucora (BCOR), Bottomline Technologies (EPAY) and Perficient (PRFT) with bullish sentiments.
Blucora (BCOR)
In a report released today, Alexander Paris from Barrington maintained a Buy rating on Blucora, with a price target of $40. The company’s shares closed yesterday at $29.51.
According to TipRanks.com, Paris is a 4-star analyst with an average return of 5.4% and a 48.0% success rate. Paris covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, American Public Education, and Strategic Education Inc.
The word on The Street in general, suggests a Hold analyst consensus rating for Blucora.
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Bottomline Technologies (EPAY)
Barrington analyst Gary Prestopino maintained a Buy rating on Bottomline Technologies today. The company’s shares closed yesterday at $51.65.
Prestopino wrote:
“We believe that EPAY’s pipeline of new business opportunities remains robust and continues to build sequentially.”
According to TipRanks.com, Prestopino is a 1-star analyst with an average return of -1.7% and a 44.5% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services Inc, Payment Data Systems Inc, and US Auto Parts Network.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bottomline Technologies with a $68.50 average price target.
Perficient (PRFT)
In a report released today, Vincent Colicchio from Barrington maintained a Buy rating on Perficient, with a price target of $31. The company’s shares closed yesterday at $25.51.
Colicchio wrote:
“We expect Perficient to report Q4/18 non‐GAAP EPS of $0.41, which exceeds the FactSet consensus forecast of $0.40. Our EPS forecast represents year‐over‐ year growth of 10% and is sequentially flat.”
According to TipRanks.com, Colicchio is ranked 0 out of 5 stars with an average return of -7.9% and a 37.5% success rate. Colicchio covers the Technology sector, focusing on stocks such as Sykes Enterprises Inc, Exlservice Holdings, and Computer Task.
Perficient has an analyst consensus of Strong Buy, with a price target consensus of $31.67.
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