Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Rockwell Automation (ROK – Research Report), Varonis Systems (VRNS – Research Report) and SciPlay (SCPL – Research Report).
Rockwell Automation (ROK)
J.P. Morgan analyst Stephen Tusa maintained a Sell rating on Rockwell Automation on January 30 and set a price target of $200.00. The company’s shares closed last Wednesday at $282.87, close to its 52-week high of $295.56.
According to TipRanks.com, Tusa is a 5-star analyst with an average return of
Currently, the analyst consensus on Rockwell Automation is a Hold with an average price target of $270.53, implying a -3.2% downside from current levels. In a report issued on January 19, Wells Fargo also maintained a Sell rating on the stock with a $249.00 price target.
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Varonis Systems (VRNS)
In a report released today, Alex Henderson from Needham downgraded Varonis Systems to Hold. The company’s shares closed last Wednesday at $27.14.
According to TipRanks.com, Henderson is a 5-star analyst with an average return of
Varonis Systems has an analyst consensus of Hold, with a price target consensus of $27.71, implying a 7.2% upside from current levels. In a report issued on January 30, Robert W. Baird also downgraded the stock to Hold with a $30.00 price target.
SciPlay (SCPL)
In a report released yesterday, Drew Crum from Stifel Nicolaus maintained a Hold rating on SciPlay, with a price target of $16.00. The company’s shares closed last Wednesday at $16.77, close to its 52-week high of $17.49.
According to TipRanks.com, Crum is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SciPlay with a $17.56 average price target, representing a 3.5% upside. In a report issued on January 18, Morgan Stanley also maintained a Hold rating on the stock with a $14.00 price target.
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Read More on ROK:
- Rockwell Automation names Bob Buttermore SVP, chief supply chain officer
- Rockwell Automation price target raised to $285 from $258 at Loop Capital
- Rockwell Automation price target raised to $292 from $285 at Baird
- Rockwell Automation price target raised to $220 from $200 at Cowen
- Rockwell Automation price target raised to $260 from $250 at Mizuho
