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Analysts Offer Insights on Technology Companies: Alarm (ALRM), Epam Systems (EPAM) and CDW (CDW)

Tipranks - Sun May 10, 4:44PM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Alarm (ALRM), Epam Systems (EPAM) and CDW (CDW).

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Alarm (ALRM)

In a report released yesterday, Jack Vander Aarde from Maxim Group reiterated a Buy rating on Alarm, with a price target of $85.00. The company’s shares closed last Friday at $47.60.

According to TipRanks.com, Aarde ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -2.7% and a 28.9% success rate. Aarde covers the Technology sector, focusing on stocks such as Cloudastructure, Inc. Class A, Micropolis Holding Company, and Alpha Modus Holdings. ;'>

Currently, the analyst consensus on Alarm is a Hold with an average price target of $56.83, representing a 20.9% upside. In a report released yesterday, TipRanks – xAI also upgraded the stock to Buy with a $50.00 price target.

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Epam Systems (EPAM)

In a report released yesterday, Bryan Keane from Citi maintained a Hold rating on Epam Systems, with a price target of $112.00. The company’s shares closed last Friday at $99.23.

According to TipRanks.com, Keane is a 4-star analyst with an average return of 5.2% and a 54.4% success rate. Keane covers the Technology sector, focusing on stocks such as Automatic Data Processing, Fidelity National Info, and Klarna Group Plc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Epam Systems with a $155.75 average price target, implying a 51.1% upside from current levels. In a report issued on April 25, TipRanks – PerPlexity also downgraded the stock to Hold with a $129.00 price target.

CDW (CDW)

In a report released yesterday, Asiya Merchant from Citi maintained a Hold rating on CDW, with a price target of $123.00. The company’s shares closed last Friday at $104.79.

According to TipRanks.com, Merchant is a top 25 analyst with an average return of 104.8% and a 80.8% success rate. Merchant covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Super Micro Computer, and Dell Technologies. ;'>

Currently, the analyst consensus on CDW is a Moderate Buy with an average price target of $138.83, which is a 26.6% upside from current levels. In a report issued on May 7, TipRanks – OpenAI also downgraded the stock to Hold with a $116.00 price target.

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