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Analysts Offer Insights on Technology Companies: Wix (WIX), Celestica (CLS) and DXC Technology (DXC)

Tipranks - Tipranks - Tue Jun 16, 6:52AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Wix (WIX), Celestica (CLS) and DXC Technology (DXC).

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Wix (WIX)

In a report released today, Stefanos Crist from CJS Securities maintained a Buy rating on Wix, with a price target of $80.00. The company’s shares closed last Friday at $45.91.

According to TipRanks.com, Crist is ranked #6057 out of 12307 analysts.

Currently, the analyst consensus on Wix is a Moderate Buy with an average price target of $84.94, implying a 90.6% upside from current levels. In a report issued on June 8, Scotiabank also maintained a Buy rating on the stock with a $90.00 price target.

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Celestica (CLS)

In a report released yesterday, George Notter from Wolfe Research initiated coverage with a Buy rating on Celestica and a price target of $425.00. The company’s shares closed last Friday at $393.12.

According to TipRanks.com, Notter is a 5-star analyst with an average return of 23.0% and a 65.4% success rate. Notter covers the Technology sector, focusing on stocks such as Super Micro Computer, Dell Technologies, and Coherent Corp. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Celestica with a $455.07 average price target, a 17.4% upside from current levels. In a report issued on June 1, RBC Capital also maintained a Buy rating on the stock with a $440.00 price target.

DXC Technology (DXC)

Morgan Stanley analyst James Faucette maintained a Hold rating on DXC Technology today and set a price target of $9.00. The company’s shares closed last Friday at $9.17.

According to TipRanks.com, Faucette is a 4-star analyst with an average return of 2.8% and a 58.0% success rate. Faucette covers the Technology sector, focusing on stocks such as Circle Internet Group, Inc. Class A, Kyndryl Holdings Incorporation, and Broadridge Financial Solutions. ;'>

Currently, the analyst consensus on DXC Technology is a Hold with an average price target of $11.75, a 31.3% upside from current levels. In a report issued on June 11, TD Cowen also maintained a Hold rating on the stock.

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