Analysts Offer Insights on Technology Companies: Asure (ASUR) and Five9 (FIVN)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Asure (ASUR – Research Report) and Five9 (FIVN – Research Report) with bullish sentiments.

Asure (ASUR)

In a report released today, Joshua Reilly from Needham maintained a Buy rating on Asure, with a price target of $14.00. The company’s shares closed last Monday at $6.66.

According to TipRanks.com, Reilly is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -10.8% and a 26.5% success rate. Reilly covers the Technology sector, focusing on stocks such as Tyler Technologies, Axon Enterprise, and ChannelAdvisor.

Currently, the analyst consensus on Asure is a Strong Buy with an average price target of $12.17, an 84.4% upside from current levels. In a report issued on November 3, Barrington also assigned a Buy rating to the stock with a $12.00 price target.

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Five9 (FIVN)

In a report released today, Scott Berg from Needham maintained a Buy rating on Five9, with a price target of $75.00. The company’s shares closed last Monday at $47.00, close to its 52-week low of $46.61.

According to TipRanks.com, Berg has 0 stars on 0-5 stars ranking scale with an average return of -3.5% and a 37.8% success rate. Berg covers the Technology sector, focusing on stocks such as BigCommerce Holdings, Ceridian HCM Holding, and Bill.com Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Five9 with a $89.00 average price target, representing a 79.4% upside. In a report issued on October 25, MKM Partners also maintained a Buy rating on the stock with a $110.00 price target.

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