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Analysts Conflicted on These Technology Names: Gartner (IT) and Avalara (AVLR)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Gartner (ITResearch Report) and Avalara (AVLRResearch Report).

Gartner (IT)

In a report released today, Jeffrey Silber from BMO Capital maintained a Hold rating on Gartner, with a price target of $265.00. The company’s shares closed last Tuesday at $232.66, close to its 52-week low of $221.39.

According to TipRanks.com, Silber is a 5-star analyst with an average return of 11.8% and a 60.8% success rate. Silber covers the Services sector, focusing on stocks such as Adtalem Global Education, AMN Healthcare Services, and Grand Canyon Education.

Currently, the analyst consensus on Gartner is a Moderate Buy with an average price target of $312.43.

See Insiders’ Hot Stocks on TipRanks >>

Avalara (AVLR)

In a report released today, Daniel Jester from BMO Capital maintained a Buy rating on Avalara, with a price target of $93.00. The company’s shares closed last Tuesday at $71.00, close to its 52-week low of $66.39.

According to TipRanks.com, Jester is a 3-star analyst with an average return of 4.1% and a 39.2% success rate. Jester covers the Technology sector, focusing on stocks such as Ceridian HCM Holding, Bill.com Holdings, and Coupa Software.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Avalara with a $114.00 average price target.

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