Analysts’ Opinions Are Mixed on These Technology Stocks: Workiva Inc (WK), Convergys Corp (CVG) and Wix.com Ltd (WIX)


Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Workiva Inc (NYSE:WK), Convergys Corp (NYSE:CVG) and Wix.com Ltd (NASDAQ:WIX).

Workiva Inc (WK)

In a report released today, Robert Oliver from Robert W. Baird reiterated a Hold rating on Workiva Inc, with a price target of $27. The company’s shares closed yesterday at $25.50.

According to TipRanks.com, Oliver is a 5-star analyst with an average return of 33.8% and a 87.7% success rate. Oliver covers the Technology sector, focusing on stocks such as Tyler Technologies, Citrix Systems, and Salesforce.com.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Workiva Inc with a $28 average price target.

See today’s analyst top recommended stocks >>

Convergys Corp (CVG)

Robert W. Baird analyst David Koning reiterated a Hold rating on Convergys Corp yesterday and set a price target of $25. The company’s shares closed yesterday at $24.62.

According to TipRanks.com, Koning is a top 100 analyst with an average return of 17.9% and a 84.8% success rate. Koning covers the Technology sector, focusing on stocks such as Jack Henry & Associates, Fidelity National Info, and Total System Services.

Currently, the analyst consensus on Convergys Corp is a Hold with an average price target of $24.50.

Wix.com Ltd (WIX)

In a report released today, Jason Helfstein from Oppenheimer maintained a Buy rating on Wix.com Ltd. The company’s shares closed yesterday at $102.60, close to its 52-week high of $112.40.

According to TipRanks.com, Helfstein is a top 100 analyst with an average return of 20.1% and a 67.0% success rate. Helfstein covers the Technology sector, focusing on stocks such as Endurance International, ANGI Homeservices Inc, and IAC/InterActiveCorp.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Wix.com Ltd with a $108.18 average price target, which is a 5.4% upside from current levels. In a report issued on July 25, SunTrust Robinson also assigned a Buy rating to the stock with a $120 price target.

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