There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on PTC Inc (PTC) and Tim Participacoes (TSU) with bullish sentiments.
PTC Inc (PTC)
Barclays analyst Saket Kalia maintained a Buy rating on PTC Inc yesterday and set a price target of $78.00. The company’s shares closed last Monday at $66.12, close to its 52-week low of $62.05.
According to TipRanks.com, Kalia is a 4-star analyst with an average return of 8.8% and a 50.9% success rate. Kalia covers the Technology sector, focusing on stocks such as Ping Identity Holding Corp, CyberArk Software, and Varonis Systems.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PTC Inc with a $89.45 average price target.
See today’s analyst top recommended stocks >>
Tim Participacoes (TSU)
Barclays analyst Mathieu Robilliard maintained a Buy rating on Tim Participacoes yesterday and set a price target of $18.00. The company’s shares closed last Monday at $14.03.
According to TipRanks.com, Robilliard is a 4-star analyst with an average return of 8.4% and a 66.3% success rate. Robilliard covers the Technology sector, focusing on stocks such as Iridium Communications, Telefonica Brasil, and Telefonica.
Tim Participacoes has an analyst consensus of Moderate Buy, with a price target consensus of $19.00.
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