Analysts have been eager to weigh in on the Technology sector with new ratings on Cognizant (CTSH), Immersion (IMMR) and Vonage Holdings (VG).
Cognizant (CTSH)
In a report released today, Bryan Keane from Deutsche Bank maintained a Hold rating on Cognizant, with a price target of $79.00. The company’s shares closed last Thursday at $72.64.
According to TipRanks.com, Keane is a 5-star analyst with an average return of 23.3% and a 76.5% success rate. Keane covers the Technology sector, focusing on stocks such as DXC Technology Company, Affirm Holdings, and Paypal Holdings.
Currently, the analyst consensus on Cognizant is a Strong Buy with an average price target of $91.75, representing a 22.0% upside. In a report released today, Needham also maintained a Hold rating on the stock.
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Immersion (IMMR)
Colliers Securities analyst Derek Soderberg maintained a Buy rating on Immersion today and set a price target of $15.00. The company’s shares closed last Thursday at $8.34.
According to TipRanks.com, Soderberg is a 1-star analyst with an average return of -1.1% and a 44.0% success rate. Soderberg covers the Technology sector, focusing on stocks such as Enthusiast Gaming Holdings, Lattice Semicon, and Axon Enterprise.
Immersion has an analyst consensus of Moderate Buy, with a price target consensus of $15.00.
Vonage Holdings (VG)
In a report released today, Ryan MacWilliams from Stephens maintained a Buy rating on Vonage Holdings, with a price target of $18.00. The company’s shares closed last Thursday at $13.08.
According to TipRanks.com, MacWilliams is a 5-star analyst with an average return of 26.0% and a 72.4% success rate. MacWilliams covers the Technology sector, focusing on stocks such as Zoom Video Communications, ZoomInfo Technologies, and Everbridge.
Currently, the analyst consensus on Vonage Holdings is a Strong Buy with an average price target of $16.57.
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