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Analysts Offer Insights on Technology Companies: Netscout Systems (NTCT), Affirm Holdings (AFRM) and Paylocity (PCTY)

Tipranks - Sat Feb 7, 6:58AM CST

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Netscout Systems (NTCTResearch Report), Affirm Holdings (AFRMResearch Report) and Paylocity (PCTYResearch Report).

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Netscout Systems (NTCT)

In a report released yesterday, Matthew Hedberg from RBC Capital maintained a Hold rating on Netscout Systems, with a price target of $29.00. The company’s shares closed last Thursday at $27.07, close to its 52-week high of $27.89.

According to TipRanks.com, Hedberg is a 5-star analyst with an average return of 9.0% and a 52.2% success rate. Hedberg covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and CyberArk Software. ;'>

Currently, the analyst consensus on Netscout Systems is a Moderate Buy with an average price target of $32.00, which is a 20.3% upside from current levels. In a report released yesterday, TipRanks – Anthropic also reiterated a Hold rating on the stock with a $30.00 price target.

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Affirm Holdings (AFRM)

RBC Capital analyst Daniel Perlin maintained a Hold rating on Affirm Holdings yesterday and set a price target of $77.00. The company’s shares closed last Thursday at $59.42.

According to TipRanks.com, Perlin ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -10.4% and a 37.4% success rate. Perlin covers the Technology sector, focusing on stocks such as Broadridge Financial Solutions, SS&C Technologies Holdings, and Jack Henry & Associates. ;'>

Currently, the analyst consensus on Affirm Holdings is a Strong Buy with an average price target of $89.44, representing a 50.3% upside. In a report issued on January 30, TipRanks – OpenAI also downgraded the stock to Hold with a $68.00 price target.

Paylocity (PCTY)

BTIG analyst Allan Verkhovski maintained a Buy rating on Paylocity today and set a price target of $150.00. The company’s shares closed last Thursday at $127.05.

According to TipRanks.com, Verkhovski ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -8.1% and a 31.0% success rate. Verkhovski covers the Technology sector, focusing on stocks such as Zoom Video Communications, ZoomInfo Technologies, and Tyler Technologies. ;'>

Paylocity has an analyst consensus of Strong Buy, with a price target consensus of $168.79, a 32.9% upside from current levels. In a report issued on January 29, Guggenheim also maintained a Buy rating on the stock with a $180.00 price target.

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