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Analysts Offer Insights on Technology Companies: Q2 Holdings (QTWO), Block (SQ) and Twilio (TWLO)

Analysts have been eager to weigh in on the Technology sector with new ratings on Q2 Holdings (QTWOResearch Report), Block (SQResearch Report) and Twilio (TWLOResearch Report).

Q2 Holdings (QTWO)

Morgan Stanley analyst James Faucette maintained a Hold rating on Q2 Holdings today and set a price target of $50.00. The company’s shares closed last Monday at $44.47, close to its 52-week low of $34.42.

According to TipRanks.com, Faucette is a 5-star analyst with an average return of 11.6% and a 71.9% success rate. Faucette covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, SS&C Technologies Holdings, and Automatic Data Processing.

Q2 Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $61.56, representing a 39.3% upside. In a report issued on August 5, Piper Sandler also maintained a Hold rating on the stock with a $45.00 price target.

See the top stocks recommended by analysts >>

Block (SQ)

In a report released today, Mike Ng from Goldman Sachs maintained a Buy rating on Block, with a price target of $134.00. The company’s shares closed last Monday at $86.84, close to its 52-week low of $56.01.

According to TipRanks.com, Ng is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -20.5% and a 27.3% success rate. Ng covers the Technology sector, focusing on stocks such as Opendoor Technologies, Zillow Group Class A, and Offerpad Solutions.

Block has an analyst consensus of Strong Buy, with a price target consensus of $113.58, implying a 29.0% upside from current levels. In a report issued on August 5, Wolfe Research also maintained a Buy rating on the stock with a $97.00 price target.

Twilio (TWLO)

In a report released today, Kash Rangan from Goldman Sachs maintained a Buy rating on Twilio, with a price target of $155.00. The company’s shares closed last Monday at $87.34, close to its 52-week low of $77.14.

According to TipRanks.com, Rangan is a 5-star analyst with an average return of 9.4% and a 57.8% success rate. Rangan covers the Technology sector, focusing on stocks such as Zoom Video Communications, ZoomInfo Technologies, and Procore Technologies.

Twilio has an analyst consensus of Moderate Buy, with a price target consensus of $139.35, which is a 59.2% upside from current levels. In a report issued on August 5, Canaccord Genuity also maintained a Buy rating on the stock with a $153.00 price target.

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