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Analysts’ Opinions Are Mixed on These Technology Stocks: Epam Systems (EPAM), Garmin (GRMN) and Q2 Holdings (QTWO)

Analysts have been eager to weigh in on the Technology sector with new ratings on Epam Systems (EPAMResearch Report), Garmin (GRMNResearch Report) and Q2 Holdings (QTWOResearch Report).

Epam Systems (EPAM)

Piper Sandler analyst Arvind Ramnani maintained a Buy rating on Epam Systems yesterday and set a price target of $776.00. The company’s shares closed last Thursday at $440.99.

According to TipRanks.com, Ramnani is a 4-star analyst with an average return of 6.0% and a 56.1% success rate. Ramnani covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Ceridian HCM Holding, and Aeva Technologies.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Epam Systems with a $702.50 average price target, a 49.4% upside from current levels. In a report issued on February 9, Stifel Nicolaus also maintained a Buy rating on the stock with a $672.00 price target.

See the top stocks recommended by analysts >>

Garmin (GRMN)

Morgan Stanley analyst Erik Woodring maintained a Hold rating on Garmin yesterday and set a price target of $127.00. The company’s shares closed last Thursday at $113.32.

According to TipRanks.com, Woodring ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -35.4% and a 48.3% success rate. Woodring covers the Technology sector, focusing on stocks such as Resideo Technologies, Logitech, and Sonos.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Garmin with a $163.40 average price target.

Q2 Holdings (QTWO)

Morgan Stanley analyst James Faucette maintained a Hold rating on Q2 Holdings yesterday and set a price target of $70.00. The company’s shares closed last Thursday at $63.45, close to its 52-week low of $55.78.

According to TipRanks.com, Faucette is a 5-star analyst with an average return of 13.8% and a 76.5% success rate. Faucette covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, Automatic Data Processing, and TELUS International (CDA).

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Q2 Holdings with a $91.45 average price target, a 39.0% upside from current levels. In a report released yesterday, Piper Sandler also maintained a Hold rating on the stock with a $74.00 price target.

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