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Analysts Are Bullish on Top Technology Stocks: Harmonic (HLIT), Roper Technologies (ROP)

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There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Harmonic (HLITResearch Report) and Roper Technologies (ROPResearch Report) with bullish sentiments.

Harmonic (HLIT)

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 5.8% and a 53.2% success rate. Frankel covers the Financial sector, focusing on stocks such as Diversified Healthcare Trust, Bluerock Residential Growth, and New Senior Investment Group.

Harmonic has an analyst consensus of Strong Buy, with a price target consensus of $10.38.

See today’s analyst top recommended stocks >>

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 20.3% and a 66.8% success rate. Glynn covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Wesco International.

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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