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Analysts Offer Insights on Technology Companies: Epam Systems (EPAM), Cisco Systems (CSCO) and Veritone (VERI)

Tipranks - Tipranks - Tue Mar 31, 6:40AM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Epam Systems (EPAM), Cisco Systems (CSCO) and Veritone (VERI).

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Epam Systems (EPAM)

Stifel Nicolaus analyst David Grossman maintained a Buy rating on Epam Systems today and set a price target of $246.00. The company’s shares closed last Friday at $135.19.

According to TipRanks.com, Grossman is a 2-star analyst with an average return of 0.5% and a 45.7% success rate. Grossman covers the Technology sector, focusing on stocks such as International Business Machines, Automatic Data Processing, and Exlservice Holdings. ;'>

Epam Systems has an analyst consensus of Moderate Buy, with a price target consensus of $199.40, a 48.5% upside from current levels. In a report issued on March 15, TD Cowen also maintained a Buy rating on the stock with a $220.00 price target.

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

Cisco Systems (CSCO)

In a report released today, James Fish from Piper Sandler maintained a Hold rating on Cisco Systems, with a price target of $86.00. The company’s shares closed last Friday at $79.92.

According to TipRanks.com, Fish is a 4-star analyst with an average return of 6.2% and a 51.3% success rate. Fish covers the Technology sector, focusing on stocks such as SoundHound AI, Inc Class A, Zoom Video Communications, and DigitalOcean Holdings. ;'>

Currently, the analyst consensus on Cisco Systems is a Moderate Buy with an average price target of $91.82.

Veritone (VERI)

H.C. Wainwright analyst Scott Buck reiterated a Buy rating on Veritone today and set a price target of $9.00. The company’s shares closed last Friday at $1.84.

According to TipRanks.com, Buck is a 2-star analyst with an average return of 0.2% and a 31.0% success rate. Buck covers the Technology sector, focusing on stocks such as SoundHound AI, Inc Class A, GCT Semiconductor Holding, and Lightpath Technologies. ;'>

Currently, the analyst consensus on Veritone is a Moderate Buy with an average price target of $9.50, representing a 289.3% upside. In a report issued on March 27, Needham also maintained a Buy rating on the stock with a $10.00 price target.

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