Analysts Offer Insights on Technology Companies: DocuSign (DOCU), Adyen (OtherADYYF) and Intel (INTC)

Analysts have been eager to weigh in on the Technology sector with new ratings on DocuSign (DOCU – Research Report), Adyen (ADYYF – Research Report) and Intel (INTC – Research Report).

DocuSign (DOCU)

In a report released yesterday, Michael Turrin from Wells Fargo maintained a Sell rating on DocuSign, with a price target of $73.00. The company’s shares closed last Wednesday at $76.39.

According to TipRanks.com, Turrin is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -4.3% and a 41.1% success rate. Turrin covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, ServiceTitan, Inc. Class A, and Zoom Video Communications.

The word on The Street in general, suggests a Hold analyst consensus rating for DocuSign with a $94.36 average price target.

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Adyen (ADYYF)

In a report released today, Justin Forsythe from UBS maintained a Buy rating on Adyen. The company’s shares closed last Wednesday at $1685.20.

Forsythe has an average return of 13.0% when recommending Adyen.

According to TipRanks.com, Forsythe is ranked #2043 out of 9418 analysts.

Currently, the analyst consensus on Adyen is a Strong Buy with an average price target of $2316.27, which is a 37.4% upside from current levels. In a report issued on April 8, Evercore ISI also initiated coverage with a Buy rating on the stock with a EUR1775.00 price target.

Intel (INTC)

In a report released today, Aaron Rakers from Wells Fargo maintained a Hold rating on Intel, with a price target of $25.00. The company’s shares closed last Wednesday at $19.23, close to its 52-week low of $18.51.

According to TipRanks.com, Rakers is a 5-star analyst with an average return of 17.8% and a 55.6% success rate. Rakers covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Advanced Micro Devices, and Keysight Technologies.

The word on The Street in general, suggests a Hold analyst consensus rating for Intel with a $23.00 average price target, a 18.9% upside from current levels. In a report issued on April 3, Robert W. Baird also maintained a Hold rating on the stock with a $20.00 price target.

Read More on DOCU:

• DocuSign’s Transition to IAM: Promising Developments Amidst E-Signature Reliance Justify Hold Rating
• DocuSign price target lowered to $92 from $97 at Morgan Stanley
• DocuSign management to meet with Citizens JMP
• DocuSign upgraded to Hold from Reduce at HSBC
• DocuSign CEO sells $3.28M in common stock