There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Sapiens International (SPNS – Research Report) and Blucora (BCOR – Research Report) with bullish sentiments.
Sapiens International (SPNS)
In a report released today, Mayank Tandon from Needham reiterated a Buy rating on Sapiens International, with a price target of $40.00. The company’s shares closed last Wednesday at $26.64.
According to TipRanks.com, Tandon is a 5-star analyst with an average return of 23.6% and a 64.1% success rate. Tandon covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, Bottomline Technologies, and Duck Creek Technologies.
Currently, the analyst consensus on Sapiens International is a Hold with an average price target of $34.50.
In a report released today, Alexander Paris from Barrington reiterated a Buy rating on Blucora, with a price target of $21.00. The company’s shares closed last Wednesday at $15.02.
According to TipRanks.com, Paris is a 5-star analyst with an average return of 17.5% and a 56.5% success rate. Paris covers the Services sector, focusing on stocks such as Universal Technical Institute, American Public Education, and Grand Canyon Education.
Blucora has an analyst consensus of Moderate Buy, with a price target consensus of $22.50.
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