Analysts have been eager to weigh in on the Technology sector with new ratings on Veeva Systems (VEEV), Perspecta Inc (PRSP) and Nuance Communications (NUAN).
Veeva Systems (VEEV)
Morgan Stanley analyst Stan Zlotsky maintained a Hold rating on Veeva Systems today and set a price target of $154. The company’s shares closed last Monday at $151.14.
According to TipRanks.com, Zlotsky is a 5-star analyst with an average return of 27.7% and a 73.6% success rate. Zlotsky covers the Technology sector, focusing on stocks such as Coupa Software Inc, DocuSign Inc, and Workiva Inc.
Veeva Systems has an analyst consensus of Moderate Buy, with a price target consensus of $177.45.
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Perspecta Inc (PRSP)
In a report released today, Matthew Sharpe CFA from Morgan Stanley maintained a Sell rating on Perspecta Inc, with a price target of $22. The company’s shares closed last Monday at $26.07, close to its 52-week high of $26.64.
According to TipRanks.com, CFA is ranked #3860 out of 5552 analysts.
Perspecta Inc has an analyst consensus of Hold, with a price target consensus of $26.
Nuance Communications (NUAN)
In a report released today, Sanjit Singh from Morgan Stanley maintained a Hold rating on Nuance Communications, with a price target of $15. The company’s shares closed last Monday at $16.69.
According to TipRanks.com, Singh is a 2-star analyst with an average return of 0.0% and a 47.7% success rate. Singh covers the Technology sector, focusing on stocks such as New Relic Inc, PagerDuty Inc, and MongoDB Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nuance Communications with a $22 average price target.
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