There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Tyler Technologies (TYL – Research Report) and Ping Identity Holding (PING – Research Report) with bullish sentiments.
Tyler Technologies (TYL)
In a report released today, Alex Zukin from Wolfe Research maintained a Buy rating on Tyler Technologies, with a price target of $460.00. The company’s shares closed last Friday at $399.00.
According to TipRanks.com, Zukin is a top 100 analyst with an average return of
Currently, the analyst consensus on Tyler Technologies is a Strong Buy with an average price target of $475.09, implying a 19.3% upside from current levels. In a report issued on July 18, Piper Sandler also maintained a Buy rating on the stock with a $405.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
Ping Identity Holding (PING)
In a report released today, Matthew Hedberg from RBC Capital maintained a Buy rating on Ping Identity Holding, with a price target of $25.00. The company’s shares closed last Friday at $17.15, close to its 52-week low of $15.85.
According to TipRanks.com, Hedberg ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ping Identity Holding with a $25.92 average price target, which is a 54.6% upside from current levels. In a report issued on July 18, Wells Fargo also maintained a Buy rating on the stock with a $27.00 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 TYL:
- Analysts Offer Insights on Consumer Goods Companies: O’Reilly Auto (ORLY), Church & Dwight (CHD) and Patrick Industries (PATK)
- Uber’s Website Visit Trend Holds Promise Ahead of Earnings
- Global Payments (GPN) Gets a Hold Rating from Mizuho Securities
- Carrier Global (CARR) Receives a Buy from Jefferies
- Jefferies Maintains Their Buy Rating on Timken Company (TKR)