There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on HubSpot (HUBS) and Global Payments Inc (GPN) with bullish sentiments.
HubSpot (HUBS)
In a report released today, Bradley Sills from Merrill Lynch reiterated a Buy rating on HubSpot, with a price target of $205. The company’s shares closed yesterday at $172, close to its 52-week high of $172.54.
Sills has an average return of 30.8% when recommending HubSpot.
According to TipRanks.com, Sills is ranked #812 out of 5152 analysts.
Currently, the analyst consensus on HubSpot is a Moderate Buy with an average price target of $186, implying an 8.1% upside from current levels. In a report issued on February 8, Rosenblatt Securities also reiterated a Buy rating on the stock with a $170 price target.
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Global Payments Inc (GPN)
Cantor Fitzgerald analyst Joseph Foresi maintained a Buy rating on Global Payments Inc today and set a price target of $143. The company’s shares closed yesterday at $117.42.
Foresi wrote:
“: We maintain our Overweight rating and 12-month price target of $143 on GPN*. Global Payments reported quarterly EPS results above expectations. The company issued guidance for 2019. We look to the call for more color on geographic segment performance, new opportunities, recent acquisition integrations, and the overall demand environment.”
According to TipRanks.com, Foresi is a top 25 analyst with an average return of 19.7% and a 84.5% success rate. Foresi covers the Technology sector, focusing on stocks such as Jack Henry & Associates, Fidelity National Info, and DXC Technology Company.
Global Payments Inc has an analyst consensus of Moderate Buy, with a price target consensus of $128.67, a 9.6% upside from current levels. In a report issued on February 11, Robert W. Baird also reiterated a Buy rating on the stock with a $130 price target.
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