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Analysts Offer Insights on Technology Companies: Array Technologies (ARRY) and Caci International (CACI)

Tipranks - Thu Jan 22, 8:00PM CST

Analysts have been eager to weigh in on the Technology sector with new ratings on Array Technologies (ARRYResearch Report) and Caci International (CACIResearch Report).

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Array Technologies (ARRY)

RBC Capital analyst Chris Dendrinos maintained a Hold rating on Array Technologies on January 20 and set a price target of $10.00. The company’s shares closed last Wednesday at $10.22.

According to TipRanks.com, Dendrinos is a 5-star analyst with an average return of 57.9% and a 58.3% success rate. Dendrinos covers the Technology sector, focusing on stocks such as Shoals Technologies Group, SolarEdge Technologies, and Enphase Energy. ;'>

Currently, the analyst consensus on Array Technologies is a Hold with an average price target of $10.42, representing a 5.9% upside. In a report issued on January 14, Barclays also maintained a Hold rating on the stock with a $9.00 price target.

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Caci International (CACI)

In a report released yesterday, Gautam Khanna from TD Cowen maintained a Buy rating on Caci International, with a price target of $650.00. The company’s shares closed last Wednesday at $632.56.

According to TipRanks.com, Khanna is a top 25 analyst with an average return of 21.3% and a 75.7% success rate. Khanna covers the Industrial Goods sector, focusing on stocks such as Honeywell International, L3Harris Technologies, and Carpenter Technology. ;'>

Caci International has an analyst consensus of Strong Buy, with a price target consensus of $670.57, a 6.7% upside from current levels. In a report issued on January 15, UBS also maintained a Buy rating on the stock with a $752.00 price target.

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