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Analysts’ Opinions Are Mixed on These Technology Stocks: CommScope Holding (COMM), Procore Technologies (PCOR) and Leidos Holdings (LDOS)

Analysts have been eager to weigh in on the Technology sector with new ratings on CommScope Holding (COMMResearch Report), Procore Technologies (PCORResearch Report) and Leidos Holdings (LDOSResearch Report).

CommScope Holding (COMM)

J.P. Morgan analyst Samik Chatterjee maintained a Hold rating on CommScope Holding yesterday and set a price target of $9.00. The company’s shares closed last Thursday at $9.83.

According to TipRanks.com, Chatterjee is a 5-star analyst with an average return of 14.2% and a 57.6% success rate. Chatterjee covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Keysight Technologies, and National Instruments.

The word on The Street in general, suggests a Hold analyst consensus rating for CommScope Holding with a $8.86 average price target, representing a -9.6% downside. In a report released today, Morgan Stanley also downgraded the stock to Hold with a $11.00 price target.

See the top stocks recommended by analysts >>

Procore Technologies (PCOR)

J.P. Morgan analyst Doug Bruehl maintained a Buy rating on Procore Technologies yesterday and set a price target of $80.00. The company’s shares closed last Thursday at $62.04.

According to TipRanks.com, Bruehl is a 3-star analyst with an average return of 12.6% and a 72.7% success rate. Bruehl covers the Technology sector, focusing on stocks such as ForgeRock Inc, CS Disco, and Intapp.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Procore Technologies with a $75.44 average price target, representing a 25.1% upside. In a report issued on July 26, Oppenheimer also initiated coverage with a Buy rating on the stock with a $60.00 price target.

Leidos Holdings (LDOS)

In a report issued on August 3, Seth Seifman from J.P. Morgan maintained a Buy rating on Leidos Holdings, with a price target of $120.00. The company’s shares closed last Thursday at $99.31.

According to TipRanks.com, Seifman is a 4-star analyst with an average return of 7.2% and a 65.4% success rate. Seifman covers the Technology sector, focusing on stocks such as Aerojet Rocketdyne Holdings, L3Harris Technologies, and Raytheon Technologies.

Currently, the analyst consensus on Leidos Holdings is a Moderate Buy with an average price target of $115.25, implying a 15.5% upside from current levels. In a report issued on August 2, Cowen & Co. also maintained a Buy rating on the stock with a $116.00 price target.

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