Analysts Are Bullish on Top Technology Stocks: Perion Network (PERI), Alteryx (AYX)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Perion Network (PERIResearch Report), Alteryx (AYXResearch Report) and Zuora (ZUOResearch Report) with bullish sentiments.

Perion Network (PERI)

Needham analyst Laura Martin maintained a Buy rating on Perion Network today and set a price target of $32.00. The company’s shares closed last Wednesday at $21.02.

According to TipRanks.com, Martin is a 5-star analyst with an average return of 18.8% and a 52.6% success rate. Martin covers the Services sector, focusing on stocks such as Chicken Soup For The Soul Entertainment, Tremor International, and World Wrestling.

Currently, the analyst consensus on Perion Network is a Strong Buy with an average price target of $35.25.

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Alteryx (AYX)

In a report released today, Blair Abernethy from Rosenblatt Securities maintained a Buy rating on Alteryx, with a price target of $100.00. The company’s shares closed last Wednesday at $59.55, close to its 52-week low of $54.88.

According to TipRanks.com, Abernethy is a 3-star analyst with an average return of 2.7% and a 48.4% success rate. Abernethy covers the Technology sector, focusing on stocks such as Altair Engineering, Cadence Design, and PDF Solutions.

Currently, the analyst consensus on Alteryx is a Strong Buy with an average price target of $103.20, representing a 70.3% upside. In a report issued on January 7, JMP Securities also reiterated a Buy rating on the stock with a $159.00 price target.

Zuora (ZUO)

Needham analyst Joshua Reilly maintained a Buy rating on Zuora today and set a price target of $24.00. The company’s shares closed last Wednesday at $16.84.

According to TipRanks.com, Reilly is a 1-star analyst with an average return of -5.3% and a 27.6% success rate. Reilly covers the Technology sector, focusing on stocks such as GTY Technology Holdings, ChannelAdvisor, and Jamf Holding.

Zuora has an analyst consensus of Strong Buy, with a price target consensus of $23.75.

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