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Analysts Offer Insights on Technology Companies: Cogent Comms (CCOI), Jack Henry & Associates (JKHY) and Telus (TU)

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Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Cogent Comms (CCOIResearch Report), Jack Henry & Associates (JKHYResearch Report) and Telus (TUResearch Report).

Cogent Comms (CCOI)

RBC Capital analyst Bora Lee maintained a Buy rating on Cogent Comms on May 9 and set a price target of $64.00. The company’s shares closed last Tuesday at $57.43, close to its 52-week low of $56.53.

According to TipRanks.com, Lee is ranked #6849 out of 7856 analysts.

Cogent Comms has an analyst consensus of Moderate Buy, with a price target consensus of $71.00, representing a 20.6% upside. In a report issued on May 2, Citigroup also maintained a Buy rating on the stock with a $70.00 price target.

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

Jack Henry & Associates (JKHY)

In a report issued on May 9, Daniel Perlin from RBC Capital maintained a Hold rating on Jack Henry & Associates, with a price target of $190.00. The company’s shares closed last Tuesday at $178.87.

According to TipRanks.com, Perlin is a 5-star analyst with an average return of 9.0% and a 48.4% success rate. Perlin covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, TELUS International (CDA), and Fidelity National Info.

The word on The Street in general, suggests a Hold analyst consensus rating for Jack Henry & Associates with a $194.25 average price target, implying a 9.4% upside from current levels. In a report issued on May 4, Robert W. Baird also assigned a Hold rating to the stock with a $195.00 price target.

Telus (TU)

In a report issued on May 8, Drew Mcreynolds from RBC Capital maintained a Buy rating on Telus, with a price target of C$37.00. The company’s shares closed last Tuesday at $24.08.

According to TipRanks.com, Mcreynolds is a 5-star analyst with an average return of 9.8% and a 56.0% success rate. Mcreynolds covers the Technology sector, focusing on stocks such as Enthusiast Gaming Holdings, Rogers Communication, and Thomson Reuters.

Telus has an analyst consensus of Moderate Buy, with a price target consensus of $27.27, representing a 12.6% upside. In a report issued on May 9, BMO Capital also maintained a Buy rating on the stock with a $37.00 price target.

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