Analysts have been eager to weigh in on the Technology sector with new ratings on Nokia (NOK), Netscout Systems (NTCT) and Tyler Technologies (TYL).
Nokia (NOK)
In a report issued on July 31, Sebastien Sztabowicz from Kepler Capital maintained a Buy rating on Nokia, with a price target of EUR4.20. The company’s shares closed last Friday at $4.78.
According to TipRanks.com, Sztabowicz is a 1-star analyst with an average return of -3.2% and a 48.3% success rate. Sztabowicz covers the Technology sector, focusing on stocks such as Infineon Technologies AG, Dialog Semiconductor, and ASM International.
Currently, the analyst consensus on Nokia is a Strong Buy with an average price target of $5.35, which is a 10.1% upside from current levels. In a report issued on July 31, Raymond James also maintained a Buy rating on the stock with a $6.00 price target.
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Netscout Systems (NTCT)
RBC Capital analyst Matthew Hedberg maintained a Hold rating on Netscout Systems on July 30 and set a price target of $27.00. The company’s shares closed last Friday at $25.46.
According to TipRanks.com, Hedberg is a top 25 analyst with an average return of 27.1% and a 77.4% success rate. Hedberg covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, Ping Identity Holding, and CrowdStrike Holdings.
Netscout Systems has an analyst consensus of Hold, with a price target consensus of $27.50, implying a 8.0% upside from current levels. In a report issued on July 30, Lake Street also downgraded the stock to Hold with a $28.00 price target.
Tyler Technologies (TYL)
RBC Capital analyst Alex Zukin maintained a Buy rating on Tyler Technologies on July 31 and set a price target of $375.00. The company’s shares closed last Friday at $357.25.
According to TipRanks.com, Zukin is a top 25 analyst with an average return of 28.6% and a 76.1% success rate. Zukin covers the Technology sector, focusing on stocks such as Zoom Video Communications, ZoomInfo Technologies, and Cornerstone Ondemand.
Tyler Technologies has an analyst consensus of Strong Buy, with a price target consensus of $388.60, a 9.7% upside from current levels. In a report issued on July 20, Piper Sandler also initiated coverage with a Buy rating on the stock with a $423.00 price target.
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