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Analysts Offer Insights on Technology Companies: Epam Systems (EPAM), Equinix (EQIX) and HubSpot (HUBS)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Epam Systems (EPAMResearch Report), Equinix (EQIXResearch Report) and HubSpot (HUBSResearch Report) with bullish sentiments.

Epam Systems (EPAM)

In a report issued on November 4, David Grossman from Stifel Nicolaus maintained a Buy rating on Epam Systems, with a price target of $407.00. The company’s shares closed last Monday at $316.01.

According to TipRanks.com, Grossman is a 5-star analyst with an average return of 14.8% and a 63.8% success rate. Grossman covers the Technology sector, focusing on stocks such as International Business Machines, Definitive Healthcare Corp, and Exlservice Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Epam Systems with a $417.30 average price target, implying a 32.5% upside from current levels. In a report issued on October 21, Piper Sandler also maintained a Buy rating on the stock with a $419.00 price target.

See the top stocks recommended by analysts >>

Equinix (EQIX)

Stifel Nicolaus analyst Erik Rasmussen maintained a Buy rating on Equinix on November 4 and set a price target of $710.00. The company’s shares closed last Monday at $606.52.

According to TipRanks.com, Rasmussen is a 5-star analyst with an average return of 13.8% and a 72.2% success rate. Rasmussen covers the Technology sector, focusing on stocks such as Terran Orbital Corp, Rocket Lab USA, and Spire Global.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Equinix with a $703.33 average price target, representing a 15.0% upside. In a report issued on October 20, Wells Fargo also maintained a Buy rating on the stock with a $675.00 price target.

HubSpot (HUBS)

Stifel Nicolaus analyst J. Parker Lane maintained a Buy rating on HubSpot on November 4 and set a price target of $350.00. The company’s shares closed last Monday at $260.32, close to its 52-week low of $245.03.

According to TipRanks.com, Lane ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -31.4% and a 9.4% success rate. Lane covers the Technology sector, focusing on stocks such as Zoom Video Communications, Duck Creek Technologies, and ZoomInfo Technologies.

HubSpot has an analyst consensus of Strong Buy, with a price target consensus of $392.10, a 46.7% upside from current levels. In a report issued on November 2, Macquarie also initiated coverage with a Buy rating on the stock with a $355.00 price target.

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