Companies in the Technology sector have received a lot of coverage today as analysts weigh in on ServiceNow (NOW), TE Connectivity (TEL) and Benchmark Electronics (BHE).
ServiceNow (NOW)
BMO Capital analyst Keith Bachman maintained a Buy rating on ServiceNow today and set a price target of $575.00. The company’s shares closed last Thursday at $509.84, close to its 52-week high of $533.37.
According to TipRanks.com, Bachman is a 5-star analyst with an average return of 17.7% and a 67.1% success rate. Bachman covers the Technology sector, focusing on stocks such as International Business Machines, DXC Technology Company, and Cornerstone Ondemand.
Currently, the analyst consensus on ServiceNow is a Strong Buy with an average price target of $565.42, representing a 13.8% upside. In a report issued on October 21, Berenberg Bank also initiated coverage with a Buy rating on the stock.
See today’s analyst top recommended stocks >>
TE Connectivity (TEL)
In a report released today, Craig Hettenbach from Morgan Stanley maintained a Hold rating on TE Connectivity, with a price target of $101.00. The company’s shares closed last Thursday at $96.00.
According to TipRanks.com, Hettenbach is a 5-star analyst with an average return of 15.8% and a 65.6% success rate. Hettenbach covers the Technology sector, focusing on stocks such as NXP Semiconductors, ON Semiconductor, and Microchip.
TE Connectivity has an analyst consensus of Moderate Buy, with a price target consensus of $111.60.
Benchmark Electronics (BHE)
In a report released today, James Ricchiuti from Needham assigned a Hold rating to Benchmark Electronics. The company’s shares closed last Thursday at $21.09.
According to TipRanks.com, Ricchiuti is a 5-star analyst with an average return of 15.5% and a 63.3% success rate. Ricchiuti covers the Technology sector, focusing on stocks such as Teledyne Technologies, Faro Technologies, and Universal Display.
The the analyst consensus on Benchmark Electronics is currently a Hold rating.
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