Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Snap (SNAP), Texas Instruments (TXN) and Duck Creek Technologies, Inc. (DCT).
Snap (SNAP)
In a report released today, Aaron Kessler from Raymond James maintained a Hold rating on Snap. The company’s shares closed last Tuesday at $28.45, close to its 52-week high of $28.56.
According to TipRanks.com, Kessler is a top 25 analyst with an average return of 25.3% and a 73.6% success rate. Kessler covers the Technology sector, focusing on stocks such as Uber Technologies, Alphabet Class A, and GoodRx Holdings.
Snap has an analyst consensus of Moderate Buy, with a price target consensus of $35.73, implying a 26.3% upside from current levels. In a report issued on October 16, Wedbush also reiterated a Hold rating on the stock with a $25.00 price target.
See today’s analyst top recommended stocks >>
Texas Instruments (TXN)
In a report released yesterday, Chris Caso from Raymond James reiterated a Hold rating on Texas Instruments. The company’s shares closed last Tuesday at $150.83, close to its 52-week high of $155.88.
According to TipRanks.com, Caso is a 5-star analyst with an average return of 15.2% and a 59.3% success rate. Caso covers the Technology sector, focusing on stocks such as NXP Semiconductors, Skyworks Solutions, and SiTime Corporation.
Currently, the analyst consensus on Texas Instruments is a Moderate Buy with an average price target of $156.85, which is a 3.3% upside from current levels. In a report issued on October 15, Deutsche Bank also maintained a Hold rating on the stock with a $135.00 price target.
Duck Creek Technologies, Inc. (DCT)
Raymond James analyst Brian Peterson assigned a Buy rating to Duck Creek Technologies, Inc. yesterday and set a price target of $49.00. The company’s shares closed last Tuesday at $43.78.
According to TipRanks.com, Peterson is a top 25 analyst with an average return of 35.6% and a 75.2% success rate. Peterson covers the Technology sector, focusing on stocks such as BigCommerce Holdings, Upland Software, and Coupa Software.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Duck Creek Technologies, Inc. with a $46.10 average price target, representing a 4.2% upside. In a report released today, Needham also maintained a Buy rating on the stock with a $53.00 price target.
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.