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Analysts Offer Insights on Technology Companies: ACI Worldwide (ACIW), Mitek Systems (MITK) and Power Integrations (POWI)

Tipranks - Sat May 9, 1:16PM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on ACI Worldwide (ACIW), Mitek Systems (MITK) and Power Integrations (POWI).

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ACI Worldwide (ACIW)

D.A. Davidson analyst Peter Heckmann maintained a Buy rating on ACI Worldwide today. The company’s shares closed last Friday at $46.23.

According to TipRanks.com, Heckmann is a 4-star analyst with an average return of 5.2% and a 48.4% success rate. Heckmann covers the Technology sector, focusing on stocks such as Broadridge Financial Solutions, Donnelley Financial Solutions, and SS&C Technologies Holdings. ;'>

ACI Worldwide has an analyst consensus of Moderate Buy, with a price target consensus of $66.00, a 43.2% upside from current levels. In a report issued on April 24, TipRanks – PerPlexity also upgraded the stock to Buy with a $49.00 price target.

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Mitek Systems (MITK)

Northland Securities analyst Michael Grondahl maintained a Buy rating on Mitek Systems today and set a price target of $17.00. The company’s shares closed last Friday at $14.83, close to its 52-week high of $16.24.

According to TipRanks.com, Grondahl is a 5-star analyst with an average return of 20.3% and a 47.6% success rate. Grondahl covers the Financial sector, focusing on stocks such as HIVE Digital Technologies, Abacus Global Management, and Medallion Financial. ;'>

Currently, the analyst consensus on Mitek Systems is a Strong Buy with an average price target of $17.00, representing a 15.2% upside. In a report released today, Craig-Hallum also reiterated a Buy rating on the stock with a $19.00 price target.

Power Integrations (POWI)

In a report released today, Gus Richard from Northland Securities maintained a Hold rating on Power Integrations, with a price target of $46.00. The company’s shares closed last Friday at $73.87.

According to TipRanks.com, Richard is a 5-star analyst with an average return of 26.8% and a 60.5% success rate. Richard covers the Technology sector, focusing on stocks such as SolarEdge Technologies, Advanced Micro Devices, and Astera Labs, Inc. ;'>

Currently, the analyst consensus on Power Integrations is a Moderate Buy with an average price target of $68.60, representing a -11.2% downside. In a report released today, Deutsche Bank also maintained a Hold rating on the stock with a $65.00 price target.

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