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Wall Street Analysts Are Bullish on Top Technology Picks

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on L3Harris Technologies (LHXResearch Report) and ZoomInfo Technologies (ZIResearch Report) with bullish sentiments.

L3Harris Technologies (LHX)

Robert W. Baird analyst Peter Arment maintained a Buy rating on L3Harris Technologies on July 29 and set a price target of $332.00. The company’s shares closed last Tuesday at $243.97.

According to TipRanks.com, Arment is a 5-star analyst with an average return of 8.8% and a 59.9% success rate. Arment covers the Technology sector, focusing on stocks such as Raytheon Technologies, Spirit AeroSystems, and Maxar Technologies.

L3Harris Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $286.33, implying a 18.0% upside from current levels. In a report issued on July 29, Vertical Research also maintained a Buy rating on the stock with a $273.00 price target.

See the top stocks recommended by analysts >>

ZoomInfo Technologies (ZI)

In a report issued on August 1, Siti Panigrahi from Mizuho Securities reiterated a Buy rating on ZoomInfo Technologies, with a price target of $65.00. The company’s shares closed last Tuesday at $41.97.

According to TipRanks.com, Panigrahi has 0 stars on 0-5 stars ranking scale with an average return of -5.5% and a 43.3% success rate. Panigrahi covers the Technology sector, focusing on stocks such as Zoom Video Communications, Ceridian HCM Holding, and Coupa Software.

ZoomInfo Technologies has an analyst consensus of Strong Buy, with a price target consensus of $61.33, a 43.8% upside from current levels. In a report issued on July 18, Barclays also maintained a Buy rating on the stock with a $50.00 price target.

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