Wall Street Analysts Are Bullish on Top Technology Picks


There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Caci International (CACI) and Liveperson (LPSN) with bullish sentiments.

Caci International (CACI)

Caci International received a Buy rating and a $269 price target from Credit Suisse analyst Robert Spingarn today. The company’s shares closed last Monday at $209.40, close to its 52-week high of $219.95.

According to TipRanks.com, Spingarn is a top 100 analyst with an average return of 17.2% and a 70.0% success rate. Spingarn covers the Consumer Goods sector, focusing on stocks such as L3Harris Technologies Inc, Transdigm Group Inc, and Huntington Ingalls.

Caci International has an analyst consensus of Moderate Buy, with a price target consensus of $240, a 13.9% upside from current levels. In a report issued on August 15, Cowen & Co. also assigned a Buy rating to the stock with a $227 price target.

See today’s analyst top recommended stocks >>

Liveperson (LPSN)

In a report released today, Steve Enders from KeyBanc maintained a Buy rating on Liveperson, with a price target of $45. The company’s shares closed last Monday at $38.72, close to its 52-week high of $39.78.

Enders has an average return of 18.9% when recommending Liveperson.

According to TipRanks.com, Enders is ranked #2297 out of 5231 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Liveperson with a $40.70 average price target, which is a 4.6% upside from current levels. In a report issued on August 9, Jefferies also maintained a Buy rating on the stock with a $45 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.

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