Analysts have been eager to weigh in on the Technology sector with new ratings on Juniper Networks (JNPR), USA Technologies (USAT) and Blackbaud (BLKB).
Juniper Networks (JNPR)
In a report released yesterday, Simon Leopold from Raymond James maintained a Buy rating on Juniper Networks, with a price target of $28.00. The company’s shares closed last Thursday at $22.85.
According to TipRanks.com, Leopold is a 4-star analyst with an average return of 6.2% and a 55.6% success rate. Leopold covers the Technology sector, focusing on stocks such as Telefonaktiebolaget LM Ericsson, Hewlett Packard Enterprise, and CommScope Holding.
Currently, the analyst consensus on Juniper Networks is a Hold with an average price target of $25.15, a 7.9% upside from current levels. In a report issued on September 8, Needham also assigned a Buy rating to the stock with a $27.00 price target.
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USA Technologies (USAT)
In a report released today, Michael Latimore from Northland Securities initiated coverage with a Hold rating on USA Technologies and a price target of $11.00. The company’s shares closed last Thursday at $8.49, close to its 52-week high of $9.25.
According to TipRanks.com, Latimore is a 5-star analyst with an average return of 17.5% and a 55.3% success rate. Latimore covers the Technology sector, focusing on stocks such as Comtech Telecommunications, Synchronoss Technologies, and Ribbon Communications.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for USA Technologies with a $10.67 average price target.
Blackbaud (BLKB)
In a report released today, Brian Peterson from Raymond James reiterated a Hold rating on Blackbaud. The company’s shares closed last Thursday at $58.07.
According to TipRanks.com, Peterson is a top 25 analyst with an average return of 34.2% and a 74.4% success rate. Peterson covers the Technology sector, focusing on stocks such as Duck Creek Technologies, Inc., ZoomInfo Technologies, and BigCommerce Holdings.
Currently, the analyst consensus on Blackbaud is a Hold with an average price target of $70.00.
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