Analysts Offer Insights on Technology Companies: Telus (NYSE: TU), Nuance Communications (NASDAQ: NUAN) and Presidio Inc (NASDAQ: PSDO)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Telus (NYSE: TU), Nuance Communications (NASDAQ: NUAN) and Presidio Inc (NASDAQ: PSDO).

Telus (NYSE: TU)

In a report released yesterday, Phillip Huang from Barclays maintained a Buy rating on Telus (NYSE: TU), with a price target of $41. The company’s shares closed yesterday at $35.80.

According to TipRanks.com, Huang is a 5-star analyst with an average return of 10.5% and a 80.5% success rate. Huang covers the Technology sector, focusing on stocks such as Rogers Communication, CGI Group, and BCE Inc.

Telus has an analyst consensus of Hold.

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Nuance Communications (NASDAQ: NUAN)

Barclays analyst Saket Kalia maintained a Buy rating on Nuance Communications (NASDAQ: NUAN) yesterday and set a price target of $18. The company’s shares closed yesterday at $13.50.

According to TipRanks.com, Kalia is a 5-star analyst with an average return of 15.3% and a 60.8% success rate. Kalia covers the Technology sector, focusing on stocks such as Varonis Systems, Carbonite Inc, and Symantec Corp.

Currently, the analyst consensus on Nuance Communications is Strong Buy and the average price target is $19.75, representing a 46.3% upside.

In a report released yesterday, Oppenheimer also assigned a Buy rating to the stock with a $23 price target.

Presidio Inc (NASDAQ: PSDO)

In a report released yesterday, Mark Moskowitz from Barclays maintained a Hold rating on Presidio Inc (NASDAQ: PSDO), with a price target of $16. The company’s shares closed yesterday at $15.45.

According to TipRanks.com, Moskowitz is a 5-star analyst with an average return of 14.0% and a 59.6% success rate. Moskowitz covers the Consumer Goods sector, focusing on stocks such as Hewlett Packard Enterprise, Pure Storage Inc, and Arista Networks.

Presidio Inc has an analyst consensus of Moderate Buy.

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