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Wall Street Analysts Are Bullish on Top Technology Picks

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There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on TE Connectivity (TELResearch Report) and 2U (TWOUResearch Report) with bullish sentiments.

TE Connectivity (TEL)

Evercore ISI analyst Amit Daryanani maintained a Buy rating on TE Connectivity yesterday and set a price target of $183.00. The company’s shares closed last Wednesday at $149.90.

According to TipRanks.com, Daryanani is a 5-star analyst with an average return of 14.0% and a 62.2% success rate. Daryanani covers the Technology sector, focusing on stocks such as International Business Machines, Hewlett Packard Enterprise, and Rackspace Technology.

TE Connectivity has an analyst consensus of Strong Buy, with a price target consensus of $174.60, representing a 18.0% upside. In a report issued on January 27, RBC Capital also maintained a Buy rating on the stock with a $174.00 price target.

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

2U (TWOU)

In a report released today, Ryan MacDonald from Needham reiterated a Buy rating on 2U, with a price target of $28.00. The company’s shares closed last Wednesday at $17.98, close to its 52-week low of $13.12.

According to TipRanks.com, MacDonald is a 5-star analyst with an average return of 22.9% and a 53.3% success rate. MacDonald covers the Technology sector, focusing on stocks such as Zeta Global Holdings Corp, Verint Systems, and Coupa Software.

2U has an analyst consensus of Moderate Buy, with a price target consensus of $29.00, representing a 64.9% upside. In a report issued on January 31, Barrington also reiterated a Buy rating on the stock with a $30.00 price target.

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