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Analysts Offer Insights on Technology Companies: Agilysys (AGYS) and Splunk (SPLK)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Agilysys (AGYSResearch Report) and Splunk (SPLKResearch Report) with bullish sentiments.

Agilysys (AGYS)

In a report released yesterday, Matthew VanVliet from BTIG reiterated a Buy rating on Agilysys, with a price target of $95.00. The company’s shares closed last Tuesday at $81.89, close to its 52-week high of $84.13.

According to TipRanks.com, VanVliet is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -12.0% and a 34.3% success rate. VanVliet covers the Technology sector, focusing on stocks such as Zoom Video Communications, Instructure Holdings, and FiscalNote Holdings.

Agilysys has an analyst consensus of Moderate Buy, with a price target consensus of $87.50.

See the top stocks recommended by analysts >>

Splunk (SPLK)

In a report issued on January 23, Gray Powell from BTIG maintained a Buy rating on Splunk, with a price target of $105.00. The company’s shares closed last Tuesday at $92.32.

According to TipRanks.com, Powell is a 4-star analyst with an average return of 3.9% and a 50.0% success rate. Powell covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and Check Point.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Splunk with a $110.45 average price target, representing a 18.9% upside. In a report issued on January 23, Rosenblatt Securities also maintained a Buy rating on the stock.

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