Analysts have been eager to weigh in on the Technology sector with new ratings on Intuit (NASDAQ:INTU), Paypal Holdings (NASDAQ:PYPL) and Luxoft Holding (NYSE:LXFT).
Intuit (INTU)
Credit Suisse analyst Brad Zelnick maintained a Buy rating on Intuit yesterday and set a price target of $250. The company’s shares closed yesterday at $208.78.
According to TipRanks.com, Zelnick is a 4-star analyst with an average return of 4.5% and a 54.0% success rate. Zelnick covers the Technology sector, focusing on stocks such as Ceridian HCM Holding Inc, Ultimate Software, and Salesforce.com.
Currently, the analyst consensus on Intuit is a Moderate Buy with an average price target of $234.22, which is a 12.2% upside from current levels. In a report issued on October 4, Argus Research also maintained a Buy rating on the stock with a $265 price target.
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Paypal Holdings (PYPL)
Credit Suisse analyst Paul Condra maintained a Buy rating on Paypal Holdings yesterday and set a price target of $100. The company’s shares closed yesterday at $77.23.
According to TipRanks.com, Condra is a 5-star analyst with an average return of 13.6% and a 77.3% success rate. Condra covers the Technology sector, focusing on stocks such as Alliance Data Systems, Total System Services, and ACI Worldwide.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Paypal Holdings with a $99.32 average price target, representing a 28.6% upside. In a report issued on October 9, William Blair also maintained a Buy rating on the stock.
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Luxoft Holding (LXFT)
Credit Suisse analyst Charles Brennan maintained a Hold rating on Luxoft Holding yesterday and set a price target of $48. The company’s shares closed yesterday at $41.48.
According to TipRanks.com, Brennan is ranked #1862 out of 4887 analysts.
Luxoft Holding has an analyst consensus of Moderate Buy, with a price target consensus of $52.33.
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