Analysts have been eager to weigh in on the Technology sector with new ratings on Paycom (PAYC) and Fiverr International Ltd (FVRR).
Paycom (PAYC)
KeyBanc analyst Brent Bracelin maintained a Buy rating on Paycom today. The company’s shares closed last Monday at $208.93.
According to TipRanks.com, Bracelin is a top 25 analyst with an average return of 26.5% and a 71.9% success rate. Bracelin covers the Technology sector, focusing on stocks such as Slack Technologies Inc, Tyler Technologies, and Coupa Software Inc.
Paycom has an analyst consensus of Moderate Buy, with a price target consensus of $254.00, a 21.6% upside from current levels. In a report released yesterday, Northland Securities also assigned a Buy rating to the stock with a $275.00 price target.
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Fiverr International Ltd (FVRR)
In a report released today, Mark May from Citigroup maintained a Hold rating on Fiverr International Ltd, with a price target of $22.00. The company’s shares closed last Monday at $17.68, close to its 52-week low of $17.53.
According to TipRanks.com, May is a 5-star analyst with an average return of 12.2% and a 62.2% success rate. May covers the Technology sector, focusing on stocks such as Uber Technologies Inc, Trade Desk Inc, and Alphabet Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fiverr International Ltd with a $29.67 average price target.
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