There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Allscripts (MDRX – Research Report), Intuit (INTU – Research Report) and Bentley Systems (BSY – Research Report) with bullish sentiments.
Allscripts (MDRX)
In a report released yesterday, Stephanie Davis from SVB Securities reiterated a Buy rating on Allscripts, with a price target of $24.00. The company’s shares closed last Tuesday at $18.34.
According to TipRanks.com, Davis is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of
Allscripts has an analyst consensus of Moderate Buy, with a price target consensus of $21.17, implying a 16.1% upside from current levels. In a report issued on November 8, Goldman Sachs also upgraded the stock to Buy with a $23.00 price target.
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Intuit (INTU)
Mizuho Securities analyst Siti Panigrahi maintained a Buy rating on Intuit on November 21 and set a price target of $650.00. The company’s shares closed last Tuesday at $392.23, close to its 52-week low of $339.36.
According to TipRanks.com, Panigrahi has 0 stars on 0-5 stars ranking scale with an average return of
Intuit has an analyst consensus of Strong Buy, with a price target consensus of $522.84, representing a 37.6% upside. In a report issued on November 21, Credit Suisse also initiated coverage with a Buy rating on the stock with a $500.00 price target.
Bentley Systems (BSY)
Robert W. Baird analyst Joseph Vruwink maintained a Buy rating on Bentley Systems on November 21 and set a price target of $48.00. The company’s shares closed last Tuesday at $38.08.
According to TipRanks.com, Vruwink is a 3-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Bentley Systems with a $43.29 average price target, which is a 14.2% upside from current levels. In a report issued on November 9, Goldman Sachs also upgraded the stock to Buy with a $44.00 price target.
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Read More on MDRX:
- SVB Securities Sticks to Its Hold Rating for Enanta Pharmaceuticals (ENTA)
- SVB Securities Sticks to Its Buy Rating for Eli Lilly & Co (LLY)
- Merck & Company (MRK) Gets a Buy from SVB Securities
- Mizuho Securities Sticks to Its Buy Rating for Gaming and Leisure (GLPI)
- Robert W. Baird Reaffirms Their Hold Rating on F45 Training Holdings (FXLV)
