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Analysts Have Conflicting Sentiments on These Technology Companies: VTEX (VTEX), Autodesk (ADSK) and Array Technologies (ARRY)

Tipranks - Sat Feb 28, 3:49AM CST

Analysts have been eager to weigh in on the Technology sector with new ratings on VTEX (VTEXResearch Report), Autodesk (ADSKResearch Report) and Array Technologies (ARRYResearch Report).

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VTEX (VTEX)

In a report released today, Justin Patterson from KeyBanc maintained a Hold rating on VTEX. The company’s shares closed last Thursday at $3.07.

According to TipRanks.com, Patterson is a 4-star analyst with an average return of 6.1% and a 44.5% success rate. Patterson covers the NA sector, focusing on stocks such as IAC/InteractiveCorp., Zillow Group Class A, and Alphabet Class A. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for VTEX with a $5.25 average price target.

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Autodesk (ADSK)

In a report released today, Jason Celino from KeyBanc maintained a Buy rating on Autodesk, with a price target of $365.00. The company’s shares closed last Thursday at $233.45.

According to TipRanks.com, Celino is a 1-star analyst with an average return of -1.2% and a 44.7% success rate. Celino covers the Technology sector, focusing on stocks such as ServiceTitan, Inc. Class A, Procore Technologies, and Cadence Design. ;'>

Autodesk has an analyst consensus of Strong Buy, with a price target consensus of $340.44, which is a 49.0% upside from current levels. In a report issued on February 18, Wells Fargo also maintained a Buy rating on the stock with a $365.00 price target.

Array Technologies (ARRY)

In a report released today, Christine Cho CFA from Barclays maintained a Hold rating on Array Technologies, with a price target of $9.00. The company’s shares closed last Thursday at $7.28.

According to TipRanks.com, CFA is ranked #7308 out of 12136 analysts.

Currently, the analyst consensus on Array Technologies is a Hold with an average price target of $10.60, representing a 35.0% upside. In a report released yesterday, Deutsche Bank also downgraded the stock to Hold with a $9.00 price target.

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