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Analysts Offer Insights on Technology Companies: Amphenol (APH) and Progress Software (PRGS)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Amphenol (APHResearch Report) and Progress Software (PRGSResearch Report).

Amphenol (APH)

In a report released today, David Kelley from Jefferies maintained a Buy rating on Amphenol, with a price target of $87.00. The company’s shares closed last Tuesday at $68.29.

According to TipRanks.com, Kelley is a 2-star analyst with an average return of 0.3% and a 39.4% success rate. Kelley covers the Industrial Goods sector, focusing on stocks such as Luminar Technologies, BorgWarner, and Visteon.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Amphenol with a $84.00 average price target.

See today’s best-performing stocks on TipRanks >>

Progress Software (PRGS)

In a report released today, Brent Thill from Jefferies maintained a Hold rating on Progress Software, with a price target of $45.00. The company’s shares closed last Tuesday at $41.57, close to its 52-week low of $41.17.

According to TipRanks.com, Thill has 0 stars on 0-5 stars ranking scale with an average return of -18.8% and a 20.8% success rate. Thill covers the Technology sector, focusing on stocks such as Palantir Technologies, IAC/InteractiveCorp., and Procore Technologies.

Currently, the analyst consensus on Progress Software is a Moderate Buy with an average price target of $52.67.

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