There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on CoStar Group (CSGP) and Insight Enterprises (NSIT) with bullish sentiments.
CoStar Group (CSGP)
In a report released today, Scott Buck from B.Riley FBR maintained a Buy rating on CoStar Group, with a price target of $640.00. The company’s shares closed last Monday at $588.12, close to its 52-week high of $639.41.
Buck has an average return of 21.2% when recommending CoStar Group.
According to TipRanks.com, Buck is ranked #5125 out of 5558 analysts.
CoStar Group has an analyst consensus of Strong Buy, with a price target consensus of $653.17.
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Insight Enterprises (NSIT)
In a report released today, Marc Wiesenberger from B.Riley FBR reiterated a Buy rating on Insight Enterprises, with a price target of $79.00. The company’s shares closed last Monday at $58.41, close to its 52-week high of $60.10.
Wiesenberger has an average return of 8.4% when recommending Insight Enterprises.
According to TipRanks.com, Wiesenberger is ranked #465 out of 5558 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Insight Enterprises with a $73.50 average price target, representing a 27.1% upside. In a report issued on October 17, J.P. Morgan also maintained a Buy rating on the stock with a $68.00 price target.
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