Blurbs

Wall Street Analysts Are Neutral on Top Technology Picks

Analysts fell to the sidelines weighing in on PTC (PTCResearch Report) and Coupa Software (COUPResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

PTC (PTC)

In a report released today, Kenneth Wong from Oppenheimer maintained a Hold rating on PTC. The company’s shares closed last Monday at $122.58.

According to TipRanks.com, Wong is a 3-star analyst with an average return of 2.5% and a 45.1% success rate. Wong covers the Technology sector, focusing on stocks such as BigCommerce Holdings, Procore Technologies, and Altair Engineering.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PTC with a $142.29 average price target.

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

Coupa Software (COUP)

JMP Securities analyst Patrick Walravens maintained a Hold rating on Coupa Software yesterday. The company’s shares closed last Monday at $61.31, close to its 52-week low of $40.30.

According to TipRanks.com, Walravens has 0 stars on 0-5 stars ranking scale with an average return of -3.5% and a 36.6% success rate. Walravens covers the Technology sector, focusing on stocks such as Zoom Video Communications, Qualtrics International, and DigitalOcean Holdings.

The word on The Street in general, suggests a Hold analyst consensus rating for Coupa Software with a $70.95 average price target, implying a 13.7% upside from current levels. In a report issued on November 18, Barclays also maintained a Hold rating on the stock with a $53.00 price target.

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