Analysts Are Neutral on Top Technology Stocks: Paycom (PAYC), CyberArk Software (CYBR)


Analysts fell to the sidelines weighing in on Paycom (PAYC), CyberArk Software (CYBR) and Tim Participacoes (TSU) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Paycom (PAYC)

In a report issued on July 16, Raimo Lenschow from Barclays maintained a Hold rating on Paycom, with a price target of $232. The company’s shares closed yesterday at $242.41, close to its 52-week high of $246.85.

According to TipRanks.com, Lenschow is a top 25 analyst with an average return of 21.9% and a 76.4% success rate. Lenschow covers the Technology sector, focusing on stocks such as Ceridian HCM Holding Inc, Slack Technologies Inc, and Cornerstone Ondemand.

Paycom has an analyst consensus of Strong Buy, with a price target consensus of $230.13.

See today’s analyst top recommended stocks >>

CyberArk Software (CYBR)

Barclays analyst Saket Kalia maintained a Hold rating on CyberArk Software on July 16 and set a price target of $140. The company’s shares closed yesterday at $140.70, close to its 52-week high of $144.18.

According to TipRanks.com, Kalia is a 5-star analyst with an average return of 14.7% and a 62.5% success rate. Kalia covers the Technology sector, focusing on stocks such as SecureWorks Corp, Varonis Systems, and Pluralsight Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for CyberArk Software with a $138.77 average price target.

Tim Participacoes (TSU)

Barclays analyst Mathieu Robilliard maintained a Hold rating on Tim Participacoes on July 16 and set a price target of $17. The company’s shares closed yesterday at $16.30.

According to TipRanks.com, Robilliard is a 4-star analyst with an average return of 7.9% and a 65.5% success rate. Robilliard covers the Technology sector, focusing on stocks such as Millicom International Cellular SA, Iridium Communications, and Telefonica Brasil.

Currently, the analyst consensus on Tim Participacoes is a Moderate Buy with an average price target of $17.33.

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