Analysts have been eager to weigh in on the Technology sector with new ratings on Wix (WIX) and Epam Systems (EPAM).
Wix (WIX)
Oppenheimer analyst Jason Helfstein maintained a Buy rating on Wix today and set a price target of $350.00. The company’s shares closed last Thursday at $307.98, close to its 52-week high of $316.07.
According to TipRanks.com, Helfstein is a top 25 analyst with an average return of 32.1% and a 74.9% success rate. Helfstein covers the Technology sector, focusing on stocks such as Spotify Technology SA, Fiverr International, and ANGI Homeservices.
Currently, the analyst consensus on Wix is a Strong Buy with an average price target of $271.41, representing a 1.7% upside. In a report issued on July 22, KeyBanc also maintained a Buy rating on the stock with a $325.00 price target.
See today’s analyst top recommended stocks >>
Epam Systems (EPAM)
Wells Fargo analyst Edward Caso maintained a Hold rating on Epam Systems today. The company’s shares closed last Thursday at $297.48.
According to TipRanks.com, Caso is a 4-star analyst with an average return of 8.3% and a 66.7% success rate. Caso covers the Technology sector, focusing on stocks such as International Business Machines, DXC Technology Company, and Science Applications.
Currently, the analyst consensus on Epam Systems is a Moderate Buy with an average price target of $280.50.
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