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Analysts Offer Insights on Technology Companies: Curtiss-Wright (CW), Doximity (DOCS) and Ansys (ANSS)

Analysts have been eager to weigh in on the Technology sector with new ratings on Curtiss-Wright (CWResearch Report), Doximity (DOCSResearch Report) and Ansys (ANSSResearch Report).

Curtiss-Wright (CW)

Robert W. Baird analyst Peter Arment reiterated a Buy rating on Curtiss-Wright on August 4 and set a price target of $157.00. The company’s shares closed last Thursday at $144.18.

According to TipRanks.com, Arment is a 5-star analyst with an average return of 8.4% and a 60.6% success rate. Arment covers the Technology sector, focusing on stocks such as L3Harris Technologies, Raytheon Technologies, and Caci International.

Currently, the analyst consensus on Curtiss-Wright is a Strong Buy with an average price target of $166.25, which is a 15.6% upside from current levels. In a report issued on August 5, Morgan Stanley also maintained a Buy rating on the stock with a $180.00 price target.

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

Doximity (DOCS)

In a report issued on August 4, Vikram Kesavabhotla from Robert W. Baird maintained a Buy rating on Doximity, with a price target of $45.00. The company’s shares closed last Thursday at $38.69, close to its 52-week low of $27.06.

According to TipRanks.com, Kesavabhotla has 0 stars on 0-5 stars ranking scale with an average return of -7.2% and a 40.8% success rate. Kesavabhotla covers the Technology sector, focusing on stocks such as Definitive Healthcare Corp, Tabula Rasa HealthCare, and InnovAge Holding.

Doximity has an analyst consensus of Moderate Buy, with a price target consensus of $45.15, which is a 12.9% upside from current levels. In a report issued on July 28, Berenberg Bank also initiated coverage with a Buy rating on the stock with a $49.00 price target.

Ansys (ANSS)

In a report issued on August 4, Joseph Vruwink from Robert W. Baird maintained a Hold rating on Ansys, with a price target of $332.00. The company’s shares closed last Thursday at $280.14.

According to TipRanks.com, Vruwink is a 4-star analyst with an average return of 4.6% and a 59.7% success rate. Vruwink covers the Technology sector, focusing on stocks such as Manhattan Associates, Instructure Holdings, and Bentley Systems.

Currently, the analyst consensus on Ansys is a Hold with an average price target of $324.38, which is an 11.7% upside from current levels. In a report issued on July 21, Citigroup also maintained a Hold rating on the stock with a $274.00 price target.

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