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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 Pure Storage (PSTGResearch Report) and AgileThought (AGILResearch Report) with bullish sentiments.

Pure Storage (PSTG)

In a report released today, Mehdi Hosseini from Susquehanna reiterated a Buy rating on Pure Storage, with a price target of $44.00. The company’s shares closed last Wednesday at $29.19.

According to TipRanks.com, Hosseini is a 5-star analyst with an average return of 12.7% and a 58.9% success rate. Hosseini covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Keysight Technologies, and National Instruments.

Currently, the analyst consensus on Pure Storage is a Strong Buy with an average price target of $40.50, representing a 39.8% upside. In a report issued on November 25, J.P. Morgan also maintained a Buy rating on the stock with a $40.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

AgileThought (AGIL)

Needham analyst Mayank Tandon reiterated a Buy rating on AgileThought today and set a price target of $7.00. The company’s shares closed last Wednesday at $4.05, close to its 52-week low of $3.49.

According to TipRanks.com, Tandon is a 4-star analyst with an average return of 6.6% and a 46.1% success rate. Tandon covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, Duck Creek Technologies, and Grid Dynamics Holdings.

Currently, the analyst consensus on AgileThought is a Moderate Buy with an average price target of $6.50.

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