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Analysts Offer Insights on Technology Companies: ACI Worldwide (ACIW) and Adobe (ADBE)

Tipranks - Fri Apr 24, 8:26AM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on ACI Worldwide (ACIW) and Adobe (ADBE) with bullish sentiments.

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ACI Worldwide (ACIW)

D.A. Davidson analyst Peter Heckmann maintained a Buy rating on ACI Worldwide today and set a price target of $60.00. The company’s shares closed last Wednesday at $44.25.

According to TipRanks.com, Heckmann is a 4-star analyst with an average return of 6.2% and a 52.3% success rate. Heckmann covers the Technology sector, focusing on stocks such as Broadridge Financial Solutions, Clearwater Analytics Holdings, and Donnelley Financial Solutions. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ACI Worldwide with a $63.00 average price target, which is a 40.6% upside from current levels. In a report issued on April 20, TipRanks – PerPlexity also upgraded the stock to Buy with a $50.00 price target.

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Adobe (ADBE)

D.A. Davidson analyst Gil Luria maintained a Buy rating on Adobe today and set a price target of $300.00. The company’s shares closed last Wednesday at $255.94.

According to TipRanks.com, Luria is a 4-star analyst with an average return of 8.5% and a 48.9% success rate. Luria covers the Technology sector, focusing on stocks such as SoundHound AI, Inc Class A, Advanced Micro Devices, and Palantir Technologies. ;'>

Adobe has an analyst consensus of Moderate Buy, with a price target consensus of $316.38, implying a 24.2% upside from current levels. In a report released yesterday, TipRanks – xAI also upgraded the stock to Buy with a $278.00 price target.

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