There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Paypal Holdings (PYPL) and Dynatrace (DT) with bullish sentiments.
Paypal Holdings (PYPL)
In a report released yesterday, Jason Kupferberg from Merrill Lynch maintained a Buy rating on Paypal Holdings, with a price target of $235.00. The company’s shares closed last Wednesday at $180.91.
According to TipRanks.com, Kupferberg is a top 100 analyst with an average return of 18.0% and a 71.9% success rate. Kupferberg covers the Technology sector, focusing on stocks such as Fidelity National Info, Accenture, and Cognizant.
Currently, the analyst consensus on Paypal Holdings is a Strong Buy with an average price target of $219.87, implying a 21.5% upside from current levels. In a report issued on September 15, Robert W. Baird also maintained a Buy rating on the stock with a $220.00 price target.
See today’s analyst top recommended stocks >>
Dynatrace (DT)
BMO Capital analyst Keith Bachman maintained a Buy rating on Dynatrace today and set a price target of $50.00. The company’s shares closed last Wednesday at $39.11.
According to TipRanks.com, Bachman is a 5-star analyst with an average return of 17.4% and a 66.3% success rate. Bachman covers the Technology sector, focusing on stocks such as International Business Machines, DXC Technology Company, and Rackspace Technology.
Currently, the analyst consensus on Dynatrace is a Strong Buy with an average price target of $49.22, implying a 25.9% upside from current levels. In a report released yesterday, Canaccord Genuity also maintained a Buy rating on the stock with a $48.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
