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Analysts Conflicted on These Technology Names: Block (XYZ), F5, Inc. (FFIV) and ScanSource (SCSC)

Tipranks - Tue Jun 2, 4:44AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Block (XYZ), F5, Inc. (FFIV) and ScanSource (SCSC).

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Block (XYZ)

In a report released yesterday, Matthew O’Neill from Bank of America Securities maintained a Buy rating on Block, with a price target of $100.00. The company’s shares closed last Friday at $75.72.

O’Neill has an average return of 8.2% when recommending Block. ;'>

According to TipRanks.com, O’Neill is ranked #3181 out of 12287 analysts.

Block has an analyst consensus of Strong Buy, with a price target consensus of $87.96, representing a 17.3% upside. In a report issued on May 18, Wells Fargo also maintained a Buy rating on the stock with a $91.00 price target.

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F5, Inc. (FFIV)

Barclays analyst Tim Long assigned a Hold rating to F5, Inc. today and set a price target of $386.00. The company’s shares closed last Friday at $383.45.

According to TipRanks.com, Long is a 5-star analyst with an average return of 22.1% and a 63.0% success rate. Long covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, TD SYNNEX Corporation, and Keysight Technologies. ;'>

Currently, the analyst consensus on F5, Inc. is a Moderate Buy with an average price target of $401.13, a 4.0% upside from current levels. In a report issued on May 29, Morgan Stanley also maintained a Hold rating on the stock with a $380.00 price target.

ScanSource (SCSC)

Barclays analyst Guy Hardwick assigned a Hold rating to ScanSource today and set a price target of $43.00. The company’s shares closed last Friday at $46.27.

According to TipRanks.com, Hardwick is a 4-star analyst with an average return of 10.8% and a 61.8% success rate. Hardwick covers the Technology sector, focusing on stocks such as Teledyne Technologies, TD SYNNEX Corporation, and Manhattan Associates. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for ScanSource with a $43.00 average price target.

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