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Analysts Have Conflicting Sentiments on These Technology Companies: Flex (FLEX), Array Technologies (ARRY) and DocuSign (DOCU)

Tipranks - Thu Jan 15, 3:44AM CST

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Flex (FLEXResearch Report), Array Technologies (ARRYResearch Report) and DocuSign (DOCUResearch Report).

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Flex (FLEX)

Barclays analyst Tim Long maintained a Buy rating on Flex today and set a price target of $71.00. The company’s shares closed last Tuesday at $64.27.

According to TipRanks.com, Long is a 5-star analyst with an average return of 15.3% and a 62.1% success rate. Long covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Keysight Technologies, and TD SYNNEX Corporation. ;'>

Flex has an analyst consensus of Strong Buy, with a price target consensus of $75.71, which is a 21.8% upside from current levels. In a report released yesterday, TipRanks – OpenAI also upgraded the stock to Buy with a $68.00 price target.

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Array Technologies (ARRY)

Barclays analyst Christine Cho CFA maintained a Hold rating on Array Technologies today and set a price target of $9.00. The company’s shares closed last Tuesday at $10.00.

According to TipRanks.com, CFA is ranked #9758 out of 12040 analysts.

Currently, the analyst consensus on Array Technologies is a Moderate Buy with an average price target of $10.89.

DocuSign (DOCU)

William Blair analyst Jake Roberge maintained a Buy rating on DocuSign today. The company’s shares closed last Tuesday at $64.51.

According to TipRanks.com, Roberge is ranked 0 out of 5 stars with an average return of -4.6% and a 39.4% success rate. Roberge covers the Technology sector, focusing on stocks such as Onestream, Inc. Class A, Mitek Systems, and Jamf Holding. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for DocuSign with a $80.23 average price target, which is a 17.4% upside from current levels. In a report issued on January 4, Jefferies also maintained a Buy rating on the stock with a $105.00 price target.

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