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Analysts have been eager to weigh in on the Technology sector with new ratings on Qualys (NASDAQ: QLYS) and Sendgrid Inc (NASDAQ: SEND).
Qualys (NASDAQ: QLYS)
In a report released today, Gur Talpaz from Stifel Nicolaus maintained a Hold rating on Qualys (NASDAQ: QLYS), with a price target of $75. The company’s shares closed yesterday at $77.30.
According to TipRanks.com, Talpaz is a 5-star analyst with an average return of 20.9% and a 68.7% success rate. Talpaz covers the Technology sector, focusing on stocks such as SecureWorks Corp, Varonis Systems, and Proofpoint Inc.
Currently, the analyst consensus on Qualys is Moderate Buy and the average price target is $72.75, representing a -5.9% downside.
In a report released today, Robert W. Baird also maintained a Hold rating on the stock.
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Sendgrid Inc (NASDAQ: SEND)
In a report released today, Tom Roderick from Stifel Nicolaus maintained a Buy rating on Sendgrid Inc (NASDAQ: SEND), with a price target of $32. The company’s shares closed yesterday at $28.75.
According to TipRanks.com, Roderick is a 5-star analyst with an average return of 15.3% and a 69.2% success rate. Roderick covers the Technology sector, focusing on stocks such as CSG Systems International, Synchronoss Technologies, and Salesforce.com.
Currently, the analyst consensus on Sendgrid Inc is Strong Buy and the average price target is $30.80, representing a 7.1% upside.
In a report issued on April 23, Piper Jaffray also reiterated a Buy rating on the stock with a $32 price target.
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