Analysts have been eager to weigh in on the Technology sector with new ratings on Accenture (ACN – Research Report), Veeva Systems (VEEV – Research Report) and Sprout Social (SPT – Research Report).
Accenture (ACN)
In a report issued on January 10, David Koning from Robert W. Baird maintained a Hold rating on Accenture, with a price target of $290.00. The company’s shares closed last Wednesday at $281.08.
According to TipRanks.com, Koning is a 5-star analyst with an average return of
Accenture has an analyst consensus of Moderate Buy, with a price target consensus of $298.00.
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Veeva Systems (VEEV)
In a report issued on January 10, Joseph Vruwink from Robert W. Baird maintained a Buy rating on Veeva Systems, with a price target of $233.00. The company’s shares closed last Wednesday at $165.31, close to its 52-week low of $151.02.
According to TipRanks.com, Vruwink is a 3-star analyst with an average return of
Currently, the analyst consensus on Veeva Systems is a Moderate Buy with an average price target of $208.44, a 28.4% upside from current levels. In a report issued on January 4, Barclays also upgraded the stock to Buy with a $205.00 price target.
Sprout Social (SPT)
Robert W. Baird analyst Robert Oliver reiterated a Buy rating on Sprout Social yesterday and set a price target of $76.00. The company’s shares closed last Wednesday at $59.49.
According to TipRanks.com, Oliver is a 4-star analyst with an average return of
Currently, the analyst consensus on Sprout Social is a Strong Buy with an average price target of $71.22.
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