There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Paypal Holdings (PYPL) and Comtech Telecommunications (CMTL) with bullish sentiments.
Paypal Holdings (PYPL)
In a report released today, Sean Horgan from Rosenblatt Securities maintained a Buy rating on Paypal Holdings, with a price target of $254.00. The company’s shares closed last Monday at $200.82, close to its 52-week high of $215.83.
According to TipRanks.com, Horgan is a 3-star analyst with an average return of 4.8% and a 66.7% success rate. Horgan covers the Technology sector, focusing on stocks such as Fidelity National Info, Tradeweb Markets, and Global Payments.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Paypal Holdings with a $225.64 average price target, which is a 16.0% upside from current levels. In a report issued on November 10, Mizuho Securities also reiterated a Buy rating on the stock with a $270.00 price target.
See today’s analyst top recommended stocks >>
Comtech Telecommunications (CMTL)
Northland Securities analyst Michael Latimore maintained a Buy rating on Comtech Telecommunications today and set a price target of $24.00. The company’s shares closed last Monday at $18.69.
According to TipRanks.com, Latimore is a 5-star analyst with an average return of 20.4% and a 60.3% success rate. Latimore covers the Technology sector, focusing on stocks such as Synchronoss Technologies, Ribbon Communications, and Limelight Networks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Comtech Telecommunications with a $23.83 average price target.
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