Analysts Offer Insights on Technology Companies: Akamai (AKAM) and Flir Systems (FLIR)
Analysts have been eager to weigh in on the Technology sector with new ratings on Akamai (AKAM) and Flir Systems (FLIR).
In a report released today, Robert Majek from Raymond James maintained a Buy rating on Akamai. The company’s shares closed last Thursday at $95.49.
According to TipRanks.com, Majek is a 2-star analyst with an average return of 2.8% and a 55.9% success rate. Majek covers the Technology sector, focusing on stocks such as Limelight Networks, Citrix Systems, and NortonLifeLock.
Currently, the analyst consensus on Akamai is a Moderate Buy with an average price target of $126.75, representing a 28.7% upside. In a report issued on February 10, Oppenheimer also assigned a Buy rating to the stock with a $130.00 price target.
See today’s analyst top recommended stocks >>
Flir Systems (FLIR)
Raymond James analyst Brian Gesuale maintained a Hold rating on Flir Systems today. The company’s shares closed last Thursday at $53.62, close to its 52-week high of $57.47.
According to TipRanks.com, Gesuale is a 5-star analyst with an average return of 21.8% and a 74.3% success rate. Gesuale covers the Technology sector, focusing on stocks such as L3Harris Technologies, Caci International, and Roper Technologies.
Currently, the analyst consensus on Flir Systems is a Hold with an average price target of $55.00.
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.