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Analysts’ Top Technology Picks: TPG Telecom Limited (TPGTF), Paypal Holdings (PYPL)

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There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on TPG Telecom Limited (TPGTFResearch Report) and Paypal Holdings (PYPLResearch Report) with bullish sentiments.

Paypal Holdings (PYPL)

In a report issued on March 15, Daniel Perlin from RBC Capital maintained a Buy rating on Paypal Holdings, with a price target of $180.00. The company’s shares closed last Wednesday at $107.92, close to its 52-week low of $92.25.

According to TipRanks.com, Perlin is a 5-star analyst with an average return of 15.6% and a 58.3% success rate. Perlin covers the Technology sector, focusing on stocks such as TELUS International (CDA), Jack Henry & Associates, and Rackspace Technology.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Paypal Holdings with a $182.36 average price target, implying a 78.1% upside from current levels. In a report issued on March 9, Morgan Stanley also maintained a Buy rating on the stock with a $190.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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