Analysts have been eager to weigh in on the Technology sector with new ratings on Intuit (NASDAQ:INTU) and Cision Ltd (NYSE:CISN).
Intuit (INTU)
Barclays analyst Raimo Lenschow maintained a Hold rating on Intuit today and set a price target of $204. The company’s shares closed yesterday at $210.69, close to its 52-week high of $219.46.
According to TipRanks.com, Lenschow is a top 100 analyst with an average return of 18.4% and a 73.5% success rate. Lenschow covers the Technology sector, focusing on stocks such as Ceridian HCM Holding Inc, Cornerstone Ondemand, and Coupa Software Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Intuit with a $198.20 average price target.
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Cision Ltd (CISN)
Cision Ltd received a Buy rating from William Blair analyst Timothy Mchugh today. The company’s shares closed yesterday at $16.26, close to its 52-week high of $17.07.
According to TipRanks.com, Mchugh is a 4-star analyst with an average return of 10.1% and a 69.2% success rate. Mchugh covers the Services sector, focusing on stocks such as Navigant Consulting, S&P Global Inc, and Moody’s Corp.
Currently, the analyst consensus on Cision Ltd is a Strong Buy with an average price target of $19.50, implying a 19.9% upside from current levels. In a report issued on August 2, Citigroup also initiated coverage with a Buy rating on the stock with a $21 price target.
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