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Analysts Offer Insights on Technology Companies: The Descartes Systems Group (DSGX) and Priority Technology Holdings (PRTH)

Tipranks - Fri Mar 13, 11:30AM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on The Descartes Systems Group (DSGXResearch Report) and Priority Technology Holdings (PRTHResearch Report) with bullish sentiments.

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The Descartes Systems Group (DSGX)

CIBC analyst Stephanie Price maintained a Buy rating on The Descartes Systems Group today and set a price target of $126.00. The company’s shares closed last Thursday at $72.97.

According to TipRanks.com, Price is ranked #1609 out of 12127 analysts.

Currently, the analyst consensus on The Descartes Systems Group is a Strong Buy with an average price target of $105.13, representing a 48.1% upside. In a report issued on March 9, RBC Capital also maintained a Buy rating on the stock with a $126.00 price target.

See the top stocks recommended by analysts >>

Priority Technology Holdings (PRTH)

B. Riley Securities analyst Hal Goetsch maintained a Buy rating on Priority Technology Holdings yesterday and set a price target of $11.00. The company’s shares closed last Thursday at $5.11.

According to TipRanks.com, Goetsch is a 5-star analyst with an average return of 25.0% and a 46.7% success rate. Goetsch covers the Financial sector, focusing on stocks such as Antalpha Platform Holding Company, Chime Financial, Inc. Class A, and Atlanticus Holdings. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Priority Technology Holdings with a $9.80 average price target, an 89.9% upside from current levels. In a report issued on March 10, TipRanks – Google also upgraded the stock to Buy with a $6.00 price target.

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