There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Caci International (NYSE:CACI), Luxoft Holding (NYSE:LXFT) and Casa Systems Inc (Other OTC:CASA) with bullish sentiments.
Caci International (CACI)
Stifel Nicolaus analyst Joseph DeNardi maintained a Buy rating on Caci International today and set a price target of $200. The company’s shares closed yesterday at $180.35, close to its 52-week high of $183.85.
According to TipRanks.com, DeNardi is a 5-star analyst with an average return of 16.7% and a 74.7% success rate. DeNardi covers the Services sector, focusing on stocks such as Allegiant Travel Company, Hawaiian Holdings, and American Airlines.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Caci International with a $183.56 average price target, which is a 1.8% upside from current levels. In a report released yesterday, Cowen & Co. also maintained a Buy rating on the stock with a $185 price target.
.
See today’s analyst top recommended stocks >>
Luxoft Holding (LXFT)
KeyBanc analyst Arvind Ramnani maintained a Buy rating on Luxoft Holding today and set a price target of $47. The company’s shares closed yesterday at $40.90.
According to TipRanks.com, Ramnani is a 4-star analyst with an average return of 16.0% and a 77.8% success rate. Ramnani covers the Technology sector, focusing on stocks such as DXC Technology Company, Epam Systems Inc, and Accenture.
Currently, the analyst consensus on Luxoft Holding is a Moderate Buy with an average price target of $43.67, implying a 6.8% upside from current levels. In a report released yesterday, Cantor Fitzgerald also maintained a Buy rating on the stock with a $44 price target.
.
Casa Systems Inc (CASA)
Morgan Stanley analyst Meta Marshall maintained a Buy rating on Casa Systems Inc today and set a price target of $18. The company’s shares closed yesterday at $12.08, close to its 52-week low of $11.26.
According to TipRanks.com, Marshall is a 2-star analyst with an average return of 1.8% and a 68.2% success rate. Marshall covers the Consumer Goods sector, focusing on stocks such as Finisar Corp, Ciena Corp, and II-VI Inc.
Casa Systems Inc has an analyst consensus of Strong Buy, with a price target consensus of $20, which is a 65.6% upside from current levels. In a report released yesterday, William Blair also maintained a Buy rating on the stock.
.
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.
