Blurbs

Analysts Offer Insights on Technology Companies: Pegasystems (PEGA), Veeco (VECO) and Everbridge (EVBG)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Pegasystems (PEGAResearch Report), Veeco (VECOResearch Report) and Everbridge (EVBGResearch Report).

Pegasystems (PEGA)

Goldman Sachs analyst Kevin Kumar maintained a Hold rating on Pegasystems today and set a price target of $60.00. The company’s shares closed last Wednesday at $50.02, close to its 52-week low of $36.50.

According to TipRanks.com, Kumar is ranked #4885 out of 7861 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Pegasystems with a $98.22 average price target, which is a 96.0% upside from current levels. In a report released today, Truist Financial also downgraded the stock to Hold with a $60.00 price target.

See the top stocks recommended by analysts >>

Veeco (VECO)

In a report released today, Brian K. Lee from Goldman Sachs maintained a Hold rating on Veeco, with a price target of $28.00. The company’s shares closed last Wednesday at $21.28.

According to TipRanks.com, Lee is a 4-star analyst with an average return of 11.2% and a 49.0% success rate. Lee covers the Industrial Goods sector, focusing on stocks such as SolarEdge Technologies, Energy Vault Holdings, and SunPower.

Veeco has an analyst consensus of Strong Buy, with a price target consensus of $34.50.

Everbridge (EVBG)

In a report released today, Kash Rangan from Goldman Sachs maintained a Sell rating on Everbridge, with a price target of $33.00. The company’s shares closed last Wednesday at $37.71, close to its 52-week low of $27.81.

According to TipRanks.com, Rangan is a 4-star analyst with an average return of 7.8% and a 55.3% success rate. Rangan covers the Technology sector, focusing on stocks such as Definitive Healthcare Corp, Zoom Video Communications, and ZoomInfo Technologies.

Currently, the analyst consensus on Everbridge is a Hold with an average price target of $42.45, a 15.5% upside from current levels. In a report released yesterday, Bank of America Securities also maintained a Sell rating on the stock with a $32.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on PEGA:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos
Videos

Latest News Feed