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Analysts Conflicted on These Technology Names: Paychex (PAYX), ARM Holdings PLC ADR (ARM) and Bentley Systems (BSY)

Tipranks - Fri Mar 27, 6:24AM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Paychex (PAYX), ARM Holdings PLC ADR (ARM) and Bentley Systems (BSY).

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Paychex (PAYX)

Guggenheim analyst Jacob Smith CFA maintained a Hold rating on Paychex yesterday. The company’s shares closed last Wednesday at $93.36.

According to TipRanks.com, CFA is a 1-star analyst with an average return of -14.9% and a 14.3% success rate. CFA covers the Technology sector, focusing on stocks such as Automatic Data Processing, Paylocity, and Paycom. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Paychex with a $106.82 average price target, representing a 12.2% upside. In a report issued on March 14, TipRanks – DeepSeek also upgraded the stock to Hold with a $100.00 price target.

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ARM Holdings PLC ADR (ARM)

Needham analyst Charles Shi upgraded ARM Holdings PLC ADR to Buy today and set a price target of $200.00. The company’s shares closed last Wednesday at $157.07.

According to TipRanks.com, Shi is a 5-star analyst with an average return of 26.9% and a 52.4% success rate. Shi covers the Technology sector, focusing on stocks such as Ultra Clean Holdings, Axcelis Technologies, and GlobalFoundries Inc. ;'>

ARM Holdings PLC ADR has an analyst consensus of Strong Buy, with a price target consensus of $172.18, a 16.1% upside from current levels. In a report issued on March 20, HSBC also upgraded the stock to Buy with a $205.00 price target.

Bentley Systems (BSY)

BMO Capital analyst Daniel Jester maintained a Buy rating on Bentley Systems today and set a price target of $48.00. The company’s shares closed last Wednesday at $35.09.

According to TipRanks.com, Jester is a 1-star analyst with an average return of -0.3% and a 43.6% success rate. Jester covers the Technology sector, focusing on stocks such as ServiceTitan, Inc. Class A, Automatic Data Processing, and Onestream, Inc. Class A. ;'>

Currently, the analyst consensus on Bentley Systems is a Moderate Buy with an average price target of $47.56.

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