There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Guidewire (NYSE:GWRE), Workiva Inc (NYSE:WK) and NetEase Inc (NASDAQ:NTES) with bullish sentiments.
Guidewire (GWRE)
KeyBanc analyst Monika Garg maintained a Buy rating on Guidewire today and set a price target of $108. The company’s shares closed yesterday at $101.74, close to its 52-week high of $107.79.
According to TipRanks.com, Garg is a 5-star analyst with an average return of 29.5% and a 79.4% success rate. Garg covers the Technology sector, focusing on stocks such as Aspen Technology, Oracle Corp, and Blackbaud.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Guidewire with a $107.50 average price target, implying a 5.7% upside from current levels. In a report issued on September 6, Piper Jaffray also maintained a Buy rating on the stock with a $110 price target.
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Workiva Inc (WK)
In a report released today, Tom Roderick from Stifel Nicolaus maintained a Buy rating on Workiva Inc, with a price target of $42. The company’s shares closed yesterday at $35.
According to TipRanks.com, Roderick is a 5-star analyst with an average return of 19.4% and a 70.3% success rate. Roderick covers the Technology sector, focusing on stocks such as Synchronoss Technologies, Nuance Communications, and Salesforce.com.
Workiva Inc has an analyst consensus of Moderate Buy, with a price target consensus of $32.25.
NetEase Inc (NTES)
Jefferies analyst Karen Chan upgraded NetEase Inc to Buy today. The company’s shares closed yesterday at $213.19, close to its 52-week low of $184.60.
According to TipRanks.com, Chan is a 4-star analyst with an average return of 11.2% and a 53.9% success rate. Chan covers the Technology sector, focusing on stocks such as Sina Corp, YY Inc, and Weibo.
NetEase Inc has an analyst consensus of Moderate Buy, with a price target consensus of $286.75.
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