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Analysts Are Bullish on These Technology Stocks: Paycor HCM (PYCR), Axcelis Technologies (ACLS)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Paycor HCM (PYCRResearch Report), Axcelis Technologies (ACLSResearch Report) and Synaptics (SYNAResearch Report) with bullish sentiments.

Paycor HCM (PYCR)

In a report released today, Scott Berg from Needham reiterated a Buy rating on Paycor HCM, with a price target of $42.00. The company’s shares closed last Thursday at $26.36.

According to TipRanks.com, Berg is a 5-star analyst with an average return of 11.6% and a 47.0% success rate. Berg covers the Technology sector, focusing on stocks such as Ceridian HCM Holding, BigCommerce Holdings, and Tyler Technologies.

Paycor HCM has an analyst consensus of Moderate Buy, with a price target consensus of $33.60, implying a 25.0% upside from current levels. In a report released today, JMP Securities also maintained a Buy rating on the stock with a $39.00 price target.

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Axcelis Technologies (ACLS)

Needham analyst Quinn Bolton maintained a Buy rating on Axcelis Technologies today and set a price target of $76.00. The company’s shares closed last Thursday at $57.14.

According to TipRanks.com, Bolton is a top 25 analyst with an average return of 44.7% and a 67.9% success rate. Bolton covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Rockley Photonics Holdings.

Currently, the analyst consensus on Axcelis Technologies is a Strong Buy with an average price target of $85.60, implying a 44.4% upside from current levels. In a report released today, Benchmark Co. also maintained a Buy rating on the stock with a $80.00 price target.

Synaptics (SYNA)

In a report released today, Rajvindra Gill from Needham maintained a Buy rating on Synaptics, with a price target of $265.00. The company’s shares closed last Thursday at $160.96.

According to TipRanks.com, Gill is a 5-star analyst with an average return of 12.9% and a 58.7% success rate. Gill covers the Technology sector, focusing on stocks such as Sequans Communications S A, Everspin Technologies, and Smart Global Holdings.

Synaptics has an analyst consensus of Strong Buy, with a price target consensus of $253.57, representing a 51.8% upside. In a report released yesterday, Mizuho Securities also maintained a Buy rating on the stock with a $225.00 price target.

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