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Analysts Offer Insights on Technology Companies: Automatic Data Processing (ADP) and Core Scientific Inc (CORZ)

Tipranks - Tipranks - Fri Jun 19, 7:10AM CDT

Analysts fell to the sidelines weighing in on Automatic Data Processing (ADP) and Core Scientific Inc (CORZ) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Automatic Data Processing (ADP)

Wells Fargo analyst Jason Kupferberg maintained a Hold rating on Automatic Data Processing on June 15 and set a price target of $214.00. The company’s shares closed last Wednesday at $218.76.

According to TipRanks.com, Kupferberg has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -8.8% and a 42.3% success rate. Kupferberg covers the Technology sector, focusing on stocks such as Circle Internet Group, Inc. Class A, Jack Henry & Associates, and Fidelity National Info. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Automatic Data Processing with a $243.64 average price target.

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Core Scientific Inc (CORZ)

In a report issued on June 15, Paul Meeks from Freedom Capital Markets initiated coverage with a Hold rating on Core Scientific Inc and a price target of $33.00. The company’s shares closed last Wednesday at $28.38.

According to TipRanks.com, Meeks is ranked #9269 out of 12315 analysts.

Currently, the analyst consensus on Core Scientific Inc is a Strong Buy with an average price target of $31.58.

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