Analysts have been eager to weigh in on the Technology sector with new ratings on SYNNEX (SNX) and Cubic (CUB).
SYNNEX (SNX)
Raymond James analyst Adam Tindle maintained a Buy rating on SYNNEX today and set a price target of $125.00. The company’s shares closed last Monday at $109.86.
According to TipRanks.com, Tindle is a 3-star analyst with an average return of 5.8% and a 51.1% success rate. Tindle covers the Technology sector, focusing on stocks such as Ping Identity Holding, Insight Enterprises, and Motorola Solutions.
SYNNEX has an analyst consensus of Moderate Buy, with a price target consensus of $108.20, which is a -1.0% downside from current levels. In a report issued on March 18, Barrington also maintained a Buy rating on the stock with a $102.00 price target.
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Cubic (CUB)
In a report released today, Brian Gesuale from Raymond James maintained a Hold rating on Cubic. The company’s shares closed last Monday at $75.20.
According to TipRanks.com, Gesuale is a 5-star analyst with an average return of 20.4% and a 74.7% success rate. Gesuale covers the Technology sector, focusing on stocks such as L3Harris Technologies, Caci International, and Roper Technologies.
The word on The Street in general, suggests a Hold analyst consensus rating for Cubic with a $70.00 average price target, implying a -7.9% downside from current levels. In a report released today, Needham also maintained a Hold rating on the stock.
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