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Analysts Offer Insights on Technology Companies: ServiceNow (NOW), Broadridge Financial Solutions (BR) and PTC (PTC)

Tipranks - Tipranks - Wed May 6, 8:12AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on ServiceNow (NOW), Broadridge Financial Solutions (BR) and PTC (PTC) with bullish sentiments.

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ServiceNow (NOW)

In a report released today, David Hynes from Canaccord Genuity maintained a Buy rating on ServiceNow, with a price target of $145.00. The company’s shares closed last Monday at $91.97.

According to TipRanks.com, Hynes has 0 stars on 0-5 stars ranking scale with an average return of -11.5% and a 36.2% success rate. Hynes covers the Technology sector, focusing on stocks such as ServiceTitan, Inc. Class A, Zeta Global Holdings Corp, and Klaviyo, Inc. Class A. ;'>

Currently, the analyst consensus on ServiceNow is a Strong Buy with an average price target of $139.18, implying a 52.5% upside from current levels. In a report issued on April 23, Barclays also initiated coverage with a Buy rating on the stock with a $132.00 price target.

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Broadridge Financial Solutions (BR)

D.A. Davidson analyst Peter Heckmann maintained a Buy rating on Broadridge Financial Solutions today and set a price target of $214.00. The company’s shares closed last Monday at $153.85.

According to TipRanks.com, Heckmann is a 4-star analyst with an average return of 6.1% and a 51.0% success rate. Heckmann covers the Technology sector, focusing on stocks such as Donnelley Financial Solutions, SS&C Technologies Holdings, and Jack Henry & Associates. ;'>

Currently, the analyst consensus on Broadridge Financial Solutions is a Moderate Buy with an average price target of $197.60, a 27.9% upside from current levels. In a report issued on April 21, TipRanks – xAI also upgraded the stock to Buy with a $183.00 price target.

PTC (PTC)

In a report released today, Blair Abernethy from Rosenblatt Securities maintained a Buy rating on PTC, with a price target of $190.00. The company’s shares closed last Monday at $138.19.

According to TipRanks.com, Abernethy is a 4-star analyst with an average return of 7.6% and a 57.4% success rate. Abernethy covers the Technology sector, focusing on stocks such as Rubrik, Inc. Class A, Silvaco Group, Inc., and Bentley Systems. ;'>

PTC has an analyst consensus of Moderate Buy, with a price target consensus of $177.27, representing a 30.1% upside. In a report issued on April 24, BMO Capital also maintained a Buy rating on the stock with a $170.00 price target.

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