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Analysts Have Conflicting Sentiments on These Technology Companies: WNS (WNS), Pure Storage (PSTG) and Oracle (ORCL)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on WNS (WNSResearch Report), Pure Storage (PSTGResearch Report) and Oracle (ORCLResearch Report).

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WNS (WNS)

In a report released today, Sachin Mittal from DBS maintained a Hold rating on WNS. The company’s shares closed last Thursday at $74.84.

According to TipRanks.com, Mittal is a top 100 analyst with an average return of 22.2% and a 75.0% success rate. Mittal covers the Technology sector, focusing on stocks such as International Business Machines, Zoom Video Communications, and Accenture.

The word on The Street in general, suggests a Hold analyst consensus rating for WNS with a $73.20 average price target, which is a -2.3% downside from current levels. In a report issued on July 7, Needham also downgraded the stock to Hold.

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Pure Storage (PSTG)

In a report released today, Aaron Rakers from Wells Fargo reiterated a Buy rating on Pure Storage, with a price target of $80.00. The company’s shares closed last Thursday at $57.56.

According to TipRanks.com, Rakers is a top 100 analyst with an average return of 23.4% and a 67.1% success rate. Rakers covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Advanced Micro Devices, and Keysight Technologies.

Currently, the analyst consensus on Pure Storage is a Strong Buy with an average price target of $71.59.

Oracle (ORCL)

DBS analyst Andy Yu CFA maintained a Buy rating on Oracle today and set a price target of $270.00. The company’s shares closed last Thursday at $235.00.

According to TipRanks.com, CFA is a 3-star analyst with an average return of 10.1% and a 42.9% success rate. CFA covers the Technology sector, focusing on stocks such as Zoom Video Communications, GDS Holdings, and Salesforce.

Oracle has an analyst consensus of Moderate Buy, with a price target consensus of $226.89, a -5.4% downside from current levels. In a report issued on June 30, Stifel Nicolaus also upgraded the stock to Buy with a $250.00 price target.

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