Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Mitek Systems (MITK – Research Report), SPS Commerce (SPSC – Research Report) and ServiceNow (NOW – Research Report).
SPS Commerce (SPSC)
In a report issued on July 28, Matthew Pfau from William Blair maintained a Hold rating on SPS Commerce. The company’s shares closed last Monday at $125.30.
According to TipRanks.com, Pfau is ranked 0 out of 5 stars with an average return of
SPS Commerce has an analyst consensus of Moderate Buy, with a price target consensus of $151.83, representing a 27.7% upside. In a report issued on July 28, Craig-Hallum also maintained a Hold rating on the stock with a $160.00 price target.
William Blair analyst Arjun Bhatia reiterated a Buy rating on ServiceNow on July 28. The company’s shares closed last Monday at $453.77, close to its 52-week low of $406.47.
According to TipRanks.com, Bhatia has 0 stars on 0-5 stars ranking scale with an average return of
Currently, the analyst consensus on ServiceNow is a Strong Buy with an average price target of $544.87, a 24.1% upside from current levels. In a report issued on July 19, Bernstein also initiated coverage with a Buy rating on the stock with a $646.00 price target.
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