Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Guidewire (NYSE: GWRE) and Automatic Data Processing (NASDAQ: ADP).
Guidewire (NYSE: GWRE)
KeyBanc analyst Monika Garg maintained a Buy rating on Guidewire (NYSE: GWRE) today and set a price target of $100. The company’s shares closed yesterday at $93.92, close to its 52-week high of $96.19.
According to TipRanks.com, Garg is a 5-star analyst with an average return of 30.3% and a 81.7% success rate. Garg covers the Technology sector, focusing on stocks such as Aspen Technology, Oracle Corp, and Autodesk.
Currently, the analyst consensus on Guidewire is Strong Buy and the average price target is $95.80, representing a 2.0% upside.
In a report released today, J.P. Morgan also maintained a Buy rating on the stock with a $100 price target.
See today’s analyst top recommended stocks >>
Automatic Data Processing (NASDAQ: ADP)
Stifel Nicolaus analyst David Grossman maintained a Hold rating on Automatic Data Processing (NASDAQ: ADP) today and set a price target of $148. The company’s shares closed yesterday at $134.07, close to its 52-week high of $135.17.
According to TipRanks.com, Grossman is a 5-star analyst with an average return of 19.0% and a 71.0% success rate. Grossman covers the Technology sector, focusing on stocks such as Infosys Limited, Wageworks Inc, and TriNet Group.
Automatic Data Processing has an analyst consensus of Moderate Buy, with a price target consensus of $128.80.
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