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Analysts Have Conflicting Sentiments on These Technology Companies: Cognex (CGNX), Omnicell (OMCL) and Sprout Social (SPT)

Analysts have been eager to weigh in on the Technology sector with new ratings on Cognex (CGNXResearch Report), Omnicell (OMCLResearch Report) and Sprout Social (SPTResearch Report).

Cognex (CGNX)

Robert W. Baird analyst Robert Mason CFA maintained a Hold rating on Cognex on September 21 and set a price target of $47.00. The company’s shares closed last Thursday at $42.31, close to its 52-week low of $40.55.

According to TipRanks.com, CFA is ranked 0 out of 5 stars with an average return of -12.6% and a 24.6% success rate. CFA covers the Technology sector, focusing on stocks such as Keysight Technologies, National Instruments, and Roper Technologies.

Currently, the analyst consensus on Cognex is a Moderate Buy with an average price target of $52.00.

See the top stocks recommended by analysts >>

Omnicell (OMCL)

In a report issued on September 21, Joy Zhang CFA from SVB Securities reiterated a Hold rating on Omnicell, with a price target of $117.00. The company’s shares closed last Thursday at $86.30.

According to TipRanks.com, CFA is a 1-star analyst with an average return of -13.3% and a 14.3% success rate. CFA covers the Technology sector, focusing on stocks such as Computer Programs and Systems, Hims & Hers Health, and OptimizeRx.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Omnicell with a $141.29 average price target.

Sprout Social (SPT)

In a report issued on September 18, Robert Oliver from Robert W. Baird maintained a Buy rating on Sprout Social, with a price target of $76.00. The company’s shares closed last Thursday at $59.77.

According to TipRanks.com, Oliver is a 5-star analyst with an average return of 8.4% and a 51.6% success rate. Oliver covers the Technology sector, focusing on stocks such as Aspen Technology, Inc., Tyler Technologies, and PROS Holdings.

Currently, the analyst consensus on Sprout Social is a Strong Buy with an average price target of $74.20, representing a 14.6% upside. In a report issued on September 7, Cantor Fitzgerald also maintained a Buy rating on the stock with a $79.00 price target.

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