Analysts’ Top Technology Picks: AMBR, ACN


There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Amber Road (NYSE: AMBR) and Accenture (NYSE: ACN) with bullish sentiments.

Amber Road (NYSE: AMBR)

Stifel Nicolaus analyst Tom Roderick maintained a Buy rating on Amber Road (NYSE: AMBR) today and set a price target of $14. The company’s shares closed yesterday at $9.80, close to its 52-week high of $10.29.

According to TipRanks.com, Roderick is a 5-star analyst with an average return of 18.7% and a 72.0% success rate. Roderick covers the Technology sector, focusing on stocks such as Nuance Communications, Salesforce.com, and Everbridge Inc.

Amber Road has an analyst consensus of Moderate Buy, with a price target consensus of $14.

See today’s analyst top recommended stocks >>

Accenture (NYSE: ACN)

In a report released today, David Grossman from Stifel Nicolaus maintained a Buy rating on Accenture (NYSE: ACN), with a price target of $179. The company’s shares closed yesterday at $161.77, close to its 52-week high of $165.58.

According to TipRanks.com, Grossman is a 5-star analyst with an average return of 19.2% and a 72.0% success rate. Grossman covers the Technology sector, focusing on stocks such as Automatic Data Processing, Infosys Limited, and Wageworks Inc.

Currently, the analyst consensus on Accenture is Moderate Buy and the average price target is $173.78, representing a 7.4% upside.

In a report issued on June 8, Pivotal Research also maintained a Buy rating on the stock with a $180 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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