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Analysts’ Opinions Are Mixed on These Technology Stocks: Circle Internet Group, Inc. Class A (CRCL) and SPS Commerce (SPSC)

Tipranks - Wed Jul 1, 12:38PM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Circle Internet Group, Inc. Class A (CRCL) and SPS Commerce (SPSC).

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Circle Internet Group, Inc. Class A (CRCL)

In a report released today, Andrew Jeffrey from William Blair reiterated a Buy rating on Circle Internet Group, Inc. Class A. The company’s shares closed last Tuesday at $63.76, close to its 52-week low of $49.90.

According to TipRanks.com, Jeffrey is a 5-star analyst with an average return of 10.1% and a 59.1% success rate. Jeffrey covers the Technology sector, focusing on stocks such as Bill.com Holdings, Shift4 Payments, and Corpay Inc. ;'>

Currently, the analyst consensus on Circle Internet Group, Inc. Class A is a Moderate Buy with an average price target of $134.13, implying an 85.6% upside from current levels. In a report issued on June 15, TipRanks – xAI also upgraded the stock to Buy with a $86.00 price target.

See today’s best-performing stocks on TipRanks >>

SPS Commerce (SPSC)

William Blair analyst Dylan Becker maintained a Hold rating on SPS Commerce today. The company’s shares closed last Tuesday at $57.57.

According to TipRanks.com, Becker is a 1-star analyst with an average return of -0.9% and a 40.9% success rate. Becker covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, The Descartes Systems Group, and ServiceTitan, Inc. Class A. ;'>

Currently, the analyst consensus on SPS Commerce is a Moderate Buy with an average price target of $70.50.

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