Analysts have been eager to weigh in on the Technology sector with new ratings on Tabula Rasa HealthCare (NASDAQ:TRHC), DXC Technology Company (NYSE:DXC) and Alarmcom (NASDAQ:ALRM).
Tabula Rasa HealthCare (TRHC)
In a report released yesterday, Matthew Gillmor from Robert W. Baird reiterated a Buy rating on Tabula Rasa HealthCare, with a price target of $70. The company’s shares closed yesterday at $61.01.
According to TipRanks.com, Gillmor is a 5-star analyst with an average return of 17.2% and a 70.1% success rate. Gillmor covers the Services sector, focusing on stocks such as Encompass Health Corporation, Addus Homecare Corp, and Envision Healthcare.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Tabula Rasa HealthCare with a $59.50 average price target, implying a -2.5% downside from current levels. In a report released yesterday, Oppenheimer also maintained a Buy rating on the stock with a $65 price target.
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DXC Technology Company (DXC)
In a report released yesterday, Arvind Ramnani from KeyBanc reiterated a Buy rating on DXC Technology Company, with a price target of $111. The company’s shares closed yesterday at $87.08.
According to TipRanks.com, Ramnani is a 4-star analyst with an average return of 16.3% and a 84.9% success rate. Ramnani covers the Technology sector, focusing on stocks such as Epam Systems Inc, Luxoft Holding, and Accenture.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for DXC Technology Company with a $102.67 average price target, implying a 17.9% upside from current levels. In a report issued on July 28, CFRA also maintained a Buy rating on the stock with a $105 price target.
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Alarmcom (ALRM)
Stifel Nicolaus analyst Brad Reback reiterated a Hold rating on Alarmcom yesterday and set a price target of $45. The company’s shares closed yesterday at $44.94.
According to TipRanks.com, Reback is a 5-star analyst with an average return of 16.1% and a 68.5% success rate. Reback covers the Technology sector, focusing on stocks such as Ultimate Software, Citrix Systems, and ChannelAdvisor.
Currently, the analyst consensus on Alarmcom is a Moderate Buy with an average price target of $47.67.
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