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Analysts Offer Insights on Technology Companies: Twitter (TWTR), WEX (WEX) and KLA (KLAC)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Twitter (TWTRResearch Report), WEX (WEXResearch Report) and KLA (KLACResearch Report).

Twitter (TWTR)

In a report issued on July 28, Mark Mahaney from Evercore ISI maintained a Hold rating on Twitter, with a price target of $54.20. The company’s shares closed last Friday at $41.61.

According to TipRanks.com, Mahaney is a top 100 analyst with an average return of 29.7% and a 51.2% success rate. Mahaney covers the Technology sector, focusing on stocks such as Spotify Technology SA, Zillow Group Class A, and Integral Ad Science.

Currently, the analyst consensus on Twitter is a Hold with an average price target of $39.89, representing a -2.2% downside. In a report issued on July 24, Robert W. Baird also maintained a Hold rating on the stock with a $33.00 price target.

See the top stocks recommended by analysts >>

WEX (WEX)

Evercore ISI analyst Sheriq Sumar reiterated a Buy rating on WEX on July 28. The company’s shares closed last Friday at $166.21.

According to TipRanks.com, Sumar is ranked #5532 out of 7996 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for WEX with a $200.25 average price target, a 17.1% upside from current levels. In a report issued on July 19, Barclays also maintained a Buy rating on the stock with a $217.00 price target.

KLA (KLAC)

The company’s shares closed last Friday at $383.54.

According to TipRanks.com, Muse is a 5-star analyst with an average return of 17.1% and a 60.2% success rate. Muse covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Universal Display, and Texas Instruments.

KLA has an analyst consensus of Moderate Buy, with a price target consensus of $398.31, representing a 10.0% upside. In a report issued on July 25, Barclays also maintained a Hold rating on the stock with a $325.00 price target.

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