Analysts have been eager to weigh in on the Technology sector with new ratings on Worldpay Inc (NYSE:WP) and Altair Engineering Inc (NASDAQ:ALTR).
Worldpay Inc (WP)
In a report released today, Josh Beck from KeyBanc maintained a Buy rating on Worldpay Inc, with a price target of $100. The company’s shares closed yesterday at $90.60, close to its 52-week high of $90.80.
According to TipRanks.com, Beck is a 5-star analyst with an average return of 26.8% and a 76.7% success rate. Beck covers the Technology sector, focusing on stocks such as Total System Services, Global Payments Inc, and Paypal Holdings.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Worldpay Inc with a $96.92 average price target, a 7.0% upside from current levels. In a report released yesterday, Cantor Fitzgerald also maintained a Buy rating on the stock with a $92 price target.
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Altair Engineering Inc (ALTR)
Canaccord Genuity analyst Richard Davis maintained a Hold rating on Altair Engineering Inc today and set a price target of $38. The company’s shares closed yesterday at $36.54, close to its 52-week high of $37.77.
According to TipRanks.com, Davis is a top 25 analyst with an average return of 37.0% and a 85.1% success rate. Davis covers the Technology sector, focusing on stocks such as Ceridian HCM Holding Inc, Upland Software, and Salesforce.com.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Altair Engineering Inc with a $39.67 average price target.
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