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Analysts Offer Insights on Technology Companies: Cisco Systems (CSCO), Intuit (INTU) and Transdigm Group (TDG)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Cisco Systems (CSCOResearch Report), Intuit (INTUResearch Report) and Transdigm Group (TDGResearch Report) with bullish sentiments.

Cisco Systems (CSCO)

In a report released today, George Notter from Jefferies maintained a Buy rating on Cisco Systems, with a price target of $54.00. The company’s shares closed last Wednesday at $46.66.

According to TipRanks.com, Notter is a 5-star analyst with an average return of 14.6% and a 63.9% success rate. Notter covers the Technology sector, focusing on stocks such as Comtech Telecommunications, Motorola Solutions, and CommScope Holding.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cisco Systems with a $54.20 average price target, which is a 16.9% upside from current levels. In a report released today, Cowen & Co. also maintained a Buy rating on the stock with a $60.00 price target.

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

Intuit (INTU)

In a report released today, Brent Thill from Jefferies maintained a Buy rating on Intuit, with a price target of $550.00. The company’s shares closed last Wednesday at $478.30.

According to TipRanks.com, Thill ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -7.9% and a 35.1% success rate. Thill covers the Technology sector, focusing on stocks such as Palantir Technologies, Procore Technologies, and IAC/InteractiveCorp.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Intuit with a $543.69 average price target, which is a 13.7% upside from current levels. In a report issued on August 11, Mizuho Securities also maintained a Buy rating on the stock with a $650.00 price target.

Transdigm Group (TDG)

In a report released yesterday, Sheila Kahyaoglu from Jefferies maintained a Buy rating on Transdigm Group, with a price target of $780.00. The company’s shares closed last Wednesday at $650.33.

According to TipRanks.com, Kahyaoglu is a 4-star analyst with an average return of 5.6% and a 60.8% success rate. Kahyaoglu covers the Technology sector, focusing on stocks such as Raytheon Technologies, L3Harris Technologies, and Caci International.

Currently, the analyst consensus on Transdigm Group is a Strong Buy with an average price target of $733.33, a 13.0% upside from current levels. In a report issued on August 9, Robert W. Baird also maintained a Buy rating on the stock with a $720.00 price target.

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