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Wall Street Analysts Are Bullish on Top Technology Picks

Tipranks - Tipranks - Tue May 12, 8:28AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Docebo (DCBO), Information Services Group (III) and CDW (CDW) with bullish sentiments.

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Docebo (DCBO)

Stifel Nicolaus analyst Suthan Sukumar maintained a Buy rating on Docebo today and set a price target of $28.00. The company’s shares closed last Friday at $21.20.

According to TipRanks.com, Sukumar is ranked #11876 out of 12243 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Docebo with a $28.48 average price target, which is a 36.7% upside from current levels. In a report released today, Scotiabank also maintained a Buy rating on the stock with a $25.00 price target.

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Information Services Group (III)

In a report released today, Joe Gomes from Noble Financial maintained a Buy rating on Information Services Group, with a price target of $6.50. The company’s shares closed last Friday at $4.04, close to its 52-week high of $4.19.

According to TipRanks.com, Gomes is a 4-star analyst with an average return of 8.3% and a 48.0% success rate. Gomes covers the Industrial Goods sector, focusing on stocks such as Resources Connection, Titan International, and Kelly Services. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Information Services Group with a $6.00 average price target, a 39.5% upside from current levels. In a report issued on May 9, TipRanks – PerPlexity also upgraded the stock to Buy with a $4.50 price target.

CDW (CDW)

In a report released today, Amit Daryanani from Evercore ISI maintained a Buy rating on CDW, with a price target of $160.00. The company’s shares closed last Friday at $104.79.

According to TipRanks.com, Daryanani is a top 100 analyst with an average return of 31.5% and a 66.3% success rate. Daryanani covers the Technology sector, focusing on stocks such as Ingram Micro Holding Corporation, International Business Machines, and Hewlett Packard Enterprise. ;'>

CDW has an analyst consensus of Moderate Buy, with a price target consensus of $138.83, representing a 26.6% upside. In a report issued on May 6, TipRanks – OpenAI also upgraded the stock to Buy with a $149.00 price target.

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