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Analysts’ Opinions Are Mixed on These Technology Stocks: Verizon (VZ) and PTC (PTC)

Analysts have been eager to weigh in on the Technology sector with new ratings on Verizon (VZResearch Report) and PTC (PTCResearch Report).

Verizon (VZ)

Barclays analyst Kannan Venkateshwar maintained a Hold rating on Verizon on July 28 and set a price target of $48.00. The company’s shares closed last Friday at $46.19.

According to TipRanks.com, Venkateshwar is a 4-star analyst with an average return of 4.8% and a 54.2% success rate. Venkateshwar covers the Services sector, focusing on stocks such as Paramount Global Class B, Charter Communications, and Warner Music Group.

Currently, the analyst consensus on Verizon is a Hold with an average price target of $53.03, implying a 16.0% upside from current levels. In a report issued on July 19, Deutsche Bank also maintained a Hold rating on the stock with a $58.00 price target.

See today’s best-performing stocks on TipRanks >>

PTC (PTC)

Barclays analyst Saket Kalia maintained a Buy rating on PTC on July 28 and set a price target of $128.00. The company’s shares closed last Friday at $123.38.

According to TipRanks.com, Kalia is a 5-star analyst with an average return of 13.5% and a 56.4% success rate. Kalia covers the Technology sector, focusing on stocks such as Definitive Healthcare Corp, Duck Creek Technologies, and Ping Identity Holding.

PTC has an analyst consensus of Moderate Buy, with a price target consensus of $137.60, a 9.6% upside from current levels. In a report issued on July 19, Mizuho Securities also maintained a Buy rating on the stock with a $120.00 price target.

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Read More on VZ:

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