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Analysts Offer Insights on Technology Companies: Caci International (CACI), TSMC (TSM) and Pegasystems (PEGA)

Tipranks - Fri Apr 24, 9:46AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Caci International (CACI), TSMC (TSM) and Pegasystems (PEGA) with bullish sentiments.

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Caci International (CACI)

In a report released yesterday, Noah Poponak from Goldman Sachs maintained a Buy rating on Caci International, with a price target of $644.00. The company’s shares closed last Thursday at $513.33.

According to TipRanks.com, Poponak is a 4-star analyst with an average return of 7.1% and a 52.6% success rate. Poponak covers the Industrial Goods sector, focusing on stocks such as BETA Technologies, Inc. Class A, York Space Systems, Inc., and Firefly Aerospace, Inc. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Caci International with a $688.38 average price target, implying a 32.6% upside from current levels. In a report issued on April 7, Bank of America Securities also maintained a Buy rating on the stock.

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TSMC (TSM)

In a report released today, Haas Liu from Bank of America Securities reiterated a Buy rating on TSMC, with a price target of $490.00. The company’s shares closed last Thursday at $385.54.

Liu has an average return of 10.7% when recommending TSMC. ;'>

According to TipRanks.com, Liu is ranked #6050 out of 12212 analysts.

Currently, the analyst consensus on TSMC is a Strong Buy with an average price target of $465.00, which is a 21.0% upside from current levels. In a report released yesterday, Barclays also maintained a Buy rating on the stock with a $470.00 price target.

Pegasystems (PEGA)

D.A. Davidson analyst Lucky Schreiner reiterated a Buy rating on Pegasystems today and set a price target of $55.00. The company’s shares closed last Thursday at $35.09.

According to TipRanks.com, Schreiner has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -25.6% and a 12.9% success rate. Schreiner covers the Technology sector, focusing on stocks such as Progress Software, Monday.com, and BlackLine. ;'>

Pegasystems has an analyst consensus of Strong Buy, with a price target consensus of $57.30, implying a 60.0% upside from current levels. In a report issued on April 14, Citi also maintained a Buy rating on the stock with a $70.00 price target.

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