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Analysts Offer Insights on Technology Companies: CGI (GIB), Duolingo (DUOL) and Broadridge Financial Solutions (BR)

Tipranks - Wed Jul 29, 9:26AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on CGI (GIB), Duolingo (DUOL) and Broadridge Financial Solutions (BR).

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CGI (GIB)

Stifel Nicolaus analyst Suthan Sukumar maintained a Buy rating on CGI today and set a price target of C$110.00. The company’s shares closed last Tuesday at $72.49.

According to TipRanks.com, Sukumar is ranked #12001 out of 12402 analysts.

CGI has an analyst consensus of Moderate Buy, with a price target consensus of $80.23, a 13.6% upside from current levels. In a report released yesterday, BMO Capital also maintained a Buy rating on the stock with a C$112.00 price target.

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Duolingo (DUOL)

In a report released today, Wyatt Swanson from D.A. Davidson maintained a Hold rating on Duolingo. The company’s shares closed last Tuesday at $136.00.

According to TipRanks.com, Swanson is a 3-star analyst with an average return of 10.2% and a 54.8% success rate. Swanson covers the NA sector, focusing on stocks such as Reddit Inc Class A, Pinterest, and Take-Two. ;'>

Currently, the analyst consensus on Duolingo is a Hold with an average price target of $118.20, representing a -12.4% downside. In a report issued on July 15, Wedbush also initiated coverage with a Hold rating on the stock with a $139.00 price target.

Broadridge Financial Solutions (BR)

In a report released today, Peter Heckmann from D.A. Davidson maintained a Buy rating on Broadridge Financial Solutions, with a price target of $214.00. The company’s shares closed last Tuesday at $159.55.

According to TipRanks.com, Heckmann is a 5-star analyst with an average return of 8.3% and a 54.3% success rate. Heckmann covers the Technology sector, focusing on stocks such as Donnelley Financial Solutions, SS&C Technologies Holdings, and Jack Henry & Associates. ;'>

Broadridge Financial Solutions has an analyst consensus of Moderate Buy, with a price target consensus of $192.83.

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