There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Activision Blizzard (NASDAQ:ATVI), BlackLine Inc (NASDAQ:BL) and 2U Inc (NASDAQ:TWOU) with bullish sentiments.
Activision Blizzard (ATVI)
Robert W. Baird analyst Colin Sebastian reiterated a Buy rating on Activision Blizzard yesterday and set a price target of $81. The company’s shares closed yesterday at $74.06.
According to TipRanks.com, Sebastian is a top 25 analyst with an average return of 26.5% and a 75.0% success rate. Sebastian covers the Technology sector, focusing on stocks such as Paypal Holdings, ChannelAdvisor, and Alphabet Inc.
Activision Blizzard has an analyst consensus of Strong Buy, with a price target consensus of $83.77, a 13.1% upside from current levels. In a report issued on July 25, Piper Jaffray also maintained a Buy rating on the stock with a $84 price target.
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BlackLine Inc (BL)
Robert W. Baird analyst Robert Oliver reiterated a Buy rating on BlackLine Inc today and set a price target of $50. The company’s shares closed yesterday at $45.54.
According to TipRanks.com, Oliver is a 5-star analyst with an average return of 33.0% and a 84.4% success rate. Oliver covers the Technology sector, focusing on stocks such as Tyler Technologies, Citrix Systems, and Salesforce.com.
BlackLine Inc has an analyst consensus of Strong Buy, with a price target consensus of $49.67, which is a 9.1% upside from current levels. In a report released yesterday, KeyBanc also reiterated a Buy rating on the stock with a $52 price target.
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2U Inc (TWOU)
Robert W. Baird analyst Jeffrey Meuler reiterated a Buy rating on 2U Inc yesterday and set a price target of $100. The company’s shares closed yesterday at $80.21.
According to TipRanks.com, Meuler is a 5-star analyst with an average return of 13.9% and a 77.0% success rate. Meuler covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, Grand Canyon Education, and Dun & Bradstreet Corp.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for 2U Inc with a $99 average price target, which is a 23.4% upside from current levels. In a report issued on July 31, Barrington also reiterated a Buy rating on the stock.
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