There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Harmonic (HLIT – Research Report) and Roper Technologies (ROP – Research Report) with bullish sentiments.
In a report released today, Steve Frankel from Colliers Securities maintained a Buy rating on Harmonic, with a price target of $11.00. The company’s shares closed last Thursday at $8.07.
According to TipRanks.com, Frankel is a 3-star analyst with an average return of
Harmonic has an analyst consensus of Strong Buy, with a price target consensus of $10.38.
Roper Technologies (ROP)
Oppenheimer analyst Christopher Glynn assigned a Buy rating to Roper Technologies today and set a price target of $560.00. The company’s shares closed last Thursday at $491.60, close to its 52-week high of $497.11.
According to TipRanks.com, Glynn is a 5-star analyst with an average return of
Currently, the analyst consensus on Roper Technologies is a Moderate Buy with an average price target of $492.14, which is a -0.6% downside from current levels. In a report issued on July 8, Barclays also maintained a Buy rating on the stock with a $510.00 price target.
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