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Analysts Offer Insights on Technology Companies: Celestica (CLS), Hexcel (HXL) and NextGen Healthcare (NXGN)

Analysts fell to the sidelines weighing in on Celestica (CLSResearch Report), Hexcel (HXLResearch Report) and NextGen Healthcare (NXGNResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Celestica (CLS)

RBC Capital analyst Paul Treiber maintained a Hold rating on Celestica on July 26 and set a price target of $13.00. The company’s shares closed last Wednesday at $10.18.

According to TipRanks.com, Treiber is a 5-star analyst with an average return of 8.9% and a 60.1% success rate. Treiber covers the Technology sector, focusing on stocks such as The Descartes Systems Group, Enghouse Systems, and Sierra Wireless.

Celestica has an analyst consensus of Hold, with a price target consensus of $11.68, an 11.8% upside from current levels. In a report released yesterday, Citigroup also upgraded the stock to Hold with a $10.00 price target.

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

Hexcel (HXL)

In a report issued on July 26, Kenneth Herbert from RBC Capital maintained a Hold rating on Hexcel, with a price target of $60.00. The company’s shares closed last Wednesday at $57.99.

According to TipRanks.com, Herbert is a 5-star analyst with an average return of 18.3% and a 59.3% success rate. Herbert covers the Technology sector, focusing on stocks such as Raytheon Technologies, Spirit AeroSystems, and Maxar Technologies.

Currently, the analyst consensus on Hexcel is a Hold with an average price target of $60.33, implying a 2.7% upside from current levels. In a report issued on July 12, Jefferies also maintained a Hold rating on the stock with a $60.00 price target.

NextGen Healthcare (NXGN)

RBC Capital analyst Sean Dodge maintained a Hold rating on NextGen Healthcare on July 26 and set a price target of $19.00. The company’s shares closed last Wednesday at $17.15.

According to TipRanks.com, Dodge is a 1-star analyst with an average return of -1.9% and a 46.0% success rate. Dodge covers the Technology sector, focusing on stocks such as Tabula Rasa HealthCare, Thorne HealthTech, and Health Catalyst.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for NextGen Healthcare with a $22.25 average price target.

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