Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Ansys (NASDAQ:ANSS), Five9 (NASDAQ:FIVN) and Sapiens International Corporation (NASDAQ:SPNS).
Ansys (ANSS)
In a report released yesterday, Saket Kalia from Barclays maintained a Sell rating on Ansys, with a price target of $162. The company’s shares closed yesterday at $172.78.
According to TipRanks.com, Kalia is a 4-star analyst with an average return of 13.5% and a 58.1% success rate. Kalia covers the Technology sector, focusing on stocks such as Nuance Communications, SecureWorks Corp, and Varonis Systems.
Currently, the analyst consensus on Ansys is a Hold with an average price target of $178.43, representing a 3.3% upside. In a report released yesterday, J.P. Morgan also maintained a Sell rating on the stock with a $145 price target.
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Five9 (FIVN)
Barclays analyst Raimo Lenschow maintained a Hold rating on Five9 yesterday and set a price target of $38. The company’s shares closed yesterday at $43.51, close to its 52-week high of $44.07.
According to TipRanks.com, Lenschow is a top 100 analyst with an average return of 18.6% and a 74.1% success rate. Lenschow covers the Technology sector, focusing on stocks such as Ceridian HCM Holding Inc, Coupa Software Inc, and Citrix Systems.
Currently, the analyst consensus on Five9 is a Moderate Buy with an average price target of $42.88, a -1.4% downside from current levels. In a report released yesterday, Stifel Nicolaus also maintained a Hold rating on the stock with a $38 price target.
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Sapiens International Corporation (SPNS)
In a report released yesterday, Tavy Rosner from Barclays maintained a Hold rating on Sapiens International Corporation, with a price target of $12. The company’s shares closed yesterday at $10.83.
According to TipRanks.com, Rosner is ranked #2071 out of 4850 analysts.
Sapiens International Corporation has an analyst consensus of Hold, with a price target consensus of $10.33.
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