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Analysts Offer Insights on Technology Companies: Fortinet (FTNT), Upland Software (UPLD) and Rolls-Royce Holdings (OtherRYCEF)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Fortinet (FTNTResearch Report), Upland Software (UPLDResearch Report) and Rolls-Royce Holdings (RYCEFResearch Report).

Fortinet (FTNT)

In a report released today, Shaul Eyal from Cowen & Co. reiterated a Buy rating on Fortinet, with a price target of $85.00. The company’s shares closed last Wednesday at $62.88.

According to TipRanks.com, Eyal is a top 25 analyst with an average return of 27.0% and a 67.3% success rate. Eyal covers the Technology sector, focusing on stocks such as Evolv Technologies Holdings, CrowdStrike Holdings, and Palo Alto Networks.

Fortinet has an analyst consensus of Moderate Buy, with a price target consensus of $71.94, implying a 17.6% upside from current levels. In a report released today, Barclays also maintained a Buy rating on the stock with a $77.00 price target.

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Upland Software (UPLD)

In a report released today, Scott Berg from Needham reiterated a Buy rating on Upland Software, with a price target of $25.00. The company’s shares closed last Wednesday at $11.92, close to its 52-week low of $10.82.

According to TipRanks.com, Berg is a 4-star analyst with an average return of 8.0% and a 46.1% success rate. Berg covers the Technology sector, focusing on stocks such as Ceridian HCM Holding, BigCommerce Holdings, and Bill.com Holdings.

Currently, the analyst consensus on Upland Software is a Strong Buy with an average price target of $20.50.

Rolls-Royce Holdings (RYCEF)

Jefferies analyst Chloe Lemaire maintained a Hold rating on Rolls-Royce Holdings today and set a price target of £1.00. The company’s shares closed last Wednesday at $1.10, close to its 52-week low of $0.95.

According to TipRanks.com, Lemaire is ranked #3086 out of 7991 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Rolls-Royce Holdings with a $1.28 average price target, which is a 17.4% upside from current levels. In a report released today, UBS also maintained a Hold rating on the stock with a £1.02 price target.

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