There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Blackbaud (BLKB) and T Mobile US (TMUS) with bullish sentiments.
Blackbaud (BLKB)
In a report released today, Ryan MacWilliams from Stephens maintained a Buy rating on Blackbaud, with a price target of $70.00. The company’s shares closed last Friday at $70.62.
According to TipRanks.com, MacWilliams is a 5-star analyst with an average return of 41.0% and a 87.7% success rate. MacWilliams covers the Technology sector, focusing on stocks such as Zoom Video Communications, ZoomInfo Technologies, and Slack Technologies.
Blackbaud has an analyst consensus of Moderate Buy, with a price target consensus of $63.00.
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T Mobile US (TMUS)
In a report released today, Ric Prentiss from Raymond James reiterated a Buy rating on T Mobile US, with a price target of $142.00. The company’s shares closed last Friday at $125.28, close to its 52-week high of $135.54.
According to TipRanks.com, Prentiss is a 3-star analyst with an average return of 2.5% and a 65.5% success rate. Prentiss covers the Technology sector, focusing on stocks such as Shenandoah Telecommunications Co, Telephone & Data Systems, and United States Cellular.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for T Mobile US with a $149.73 average price target, representing a 16.1% upside. In a report issued on February 5, Oppenheimer also maintained a Buy rating on the stock with a $160.00 price target.
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