Analysts Offer Insights on Technology Companies: Accenture (NYSE: ACN), Adobe (NASDAQ: ADBE) and Guidewire (NYSE: GWRE)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Accenture (ACNResearch Report), Adobe (ADBEResearch Report) and Guidewire (GWREResearch Report).

Accenture (ACN)

In a report issued on September 23, David Koning from Robert W. Baird maintained a Hold rating on Accenture, with a price target of $354.00. The company’s shares closed last Friday at $339.23, close to its 52-week high of $345.52.

According to TipRanks.com, Koning is a 5-star analyst with an average return of 15.9% and a 74.4% success rate. Koning covers the Technology sector, focusing on stocks such as TELUS International (CDA), Jack Henry & Associates, and Fidelity National Info.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Accenture with a $376.08 average price target, representing a 10.4% upside. In a report issued on September 24, Piper Sandler also maintained a Hold rating on the stock with a $354.00 price target.

See today’s analyst top recommended stocks >>

Adobe (ADBE)

In a report issued on September 22, Gregg Moskowitz from Mizuho Securities maintained a Buy rating on Adobe, with a price target of $695.00. The company’s shares closed last Friday at $622.71.

According to TipRanks.com, Moskowitz is a top 100 analyst with an average return of 29.8% and a 76.9% success rate. Moskowitz covers the Technology sector, focusing on stocks such as Ping Identity Holding, CrowdStrike Holdings, and Palo Alto Networks.

Currently, the analyst consensus on Adobe is a Strong Buy with an average price target of $721.83, a 14.9% upside from current levels. In a report issued on September 20, Wells Fargo also initiated coverage with a Buy rating on the stock with a $770.00 price target.

Guidewire (GWRE)

In a report issued on September 23, Joseph Vruwink from Robert W. Baird maintained a Hold rating on Guidewire, with a price target of $125.00. The company’s shares closed last Friday at $120.68.

According to TipRanks.com, Vruwink is a 4-star analyst with an average return of 19.7% and a 72.3% success rate. Vruwink covers the Technology sector, focusing on stocks such as Manhattan Associates, Bentley Systems, and Cadence Design.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Guidewire with a $137.43 average price target.

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