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Analysts’ Top Technology Picks: Par Technology (PAR), Taboola.com (TBLA)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Par Technology (PARResearch Report) and Taboola.com (TBLAResearch Report) with bullish sentiments.

Par Technology (PAR)

In a report released today, Mayank Tandon from Needham reiterated a Buy rating on Par Technology, with a price target of $30.00. The company’s shares closed last Wednesday at $21.79.

According to TipRanks.com, Tandon is a 4-star analyst with an average return of 5.5% and a 44.4% success rate. Tandon covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, Duck Creek Technologies, and Grid Dynamics Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Par Technology with a $43.33 average price target.

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

Taboola.com (TBLA)

Needham analyst Laura Martin maintained a Buy rating on Taboola.com today and set a price target of $2.50. The company’s shares closed last Wednesday at $1.67, close to its 52-week low of $1.56.

According to TipRanks.com, Martin is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -6.7% and a 33.0% success rate. Martin covers the Services sector, focusing on stocks such as Chicken Soup For The Soul Entertainment, Paramount Global Class B, and Tremor International.

Taboola.com has an analyst consensus of Strong Buy, with a price target consensus of $4.75.

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Read More on PAR:

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