tiprankstipranks
Blurbs

Analysts Are Bullish on These Technology Stocks: Q2 Holdings (QTWO), TechTarget (TTGT)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Q2 Holdings (QTWOResearch Report) and TechTarget (TTGTResearch Report) with bullish sentiments.

Q2 Holdings (QTWO)

In a report released today, Mayank Tandon from Needham reiterated a Buy rating on Q2 Holdings, with a price target of $62.00. The company’s shares closed last Thursday at $46.31.

According to TipRanks.com, Tandon is a 5-star analyst with an average return of 10.6% and a 50.2% success rate. Tandon covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, Duck Creek Technologies, and Grid Dynamics Holdings.

Currently, the analyst consensus on Q2 Holdings is a Moderate Buy with an average price target of $62.67, implying a 30.6% upside from current levels. In a report issued on July 21, Stifel Nicolaus also maintained a Buy rating on the stock with a $70.00 price target.

See the top stocks recommended by analysts >>

TechTarget (TTGT)

Needham analyst Joshua Reilly maintained a Buy rating on TechTarget today and set a price target of $90.00. The company’s shares closed last Thursday at $69.32.

According to TipRanks.com, Reilly is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -17.5% and a 20.8% success rate. Reilly covers the Technology sector, focusing on stocks such as Tyler Technologies, Axon Enterprise, and ChannelAdvisor.

Currently, the analyst consensus on TechTarget is a Strong Buy with an average price target of $80.50, implying a 16.4% upside from current levels. In a report released yesterday, KeyBanc also maintained a Buy rating on the stock with a $80.00 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.

Read More on QTWO:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More