Analysts Offer Insights on Technology Companies: Jack Henry & Associates (JKHY), Fortinet (FTNT) and Adeia (ADEA)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Jack Henry & Associates (JKHY), Fortinet (FTNT) and Adeia (ADEA).

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Jack Henry & Associates (JKHY)

Wells Fargo analyst Jason Kupferberg maintained a Buy rating on Jack Henry & Associates yesterday and set a price target of $196.00. The company’s shares closed last Wednesday at $153.64.

According to TipRanks.com, Kupferberg ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -7.7% and a 44.8% success rate. Kupferberg covers the Technology sector, focusing on stocks such as Circle Internet Group, Inc. Class A, Automatic Data Processing, and Fidelity National Info. ;'>

Jack Henry & Associates has an analyst consensus of Strong Buy, with a price target consensus of $203.38, a 34.0% upside from current levels. In a report issued on March 30, Loop Capital Markets also initiated coverage with a Buy rating on the stock with a $197.00 price target.

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Fortinet (FTNT)

In a report released yesterday, Ittai Kidron from Oppenheimer maintained a Hold rating on Fortinet. The company’s shares closed last Wednesday at $78.54.

According to TipRanks.com, Kidron is a 3-star analyst with an average return of 0.8% and a 46.7% success rate. Kidron covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and Progress Software. ;'>

Fortinet has an analyst consensus of Hold, with a price target consensus of $87.43, a 10.9% upside from current levels. In a report issued on April 13, Barclays also maintained a Hold rating on the stock with a $88.00 price target.

Adeia (ADEA)

Roth MKM analyst Scott Searle maintained a Buy rating on Adeia yesterday and set a price target of $34.00. The company’s shares closed last Wednesday at $26.95.

According to TipRanks.com, Searle is a 5-star analyst with an average return of 15.2% and a 50.4% success rate. Searle covers the Technology sector, focusing on stocks such as Sequans Communications S A, Smith Micro Software, and Digi International. ;'>

Adeia has an analyst consensus of Strong Buy, with a price target consensus of $33.00, a 20.4% upside from current levels. In a report issued on April 1, Rosenblatt Securities also maintained a Buy rating on the stock with a $40.00 price target.

Read More on JKHY:

Disclaimer & DisclosureReport an Issue

• Jack Henry initiated with a Buy at Loop Capital
• Loop launches coverage of Payments with positive bias but cautions on volatility
• Jack Henry Expands Revolving Credit Facility to $1 Billion
• Balancing Long-Term Core Banking Upside and Near-Term Valuation: Why Jack Henry Remains a Hold
• The Week That Was, The Week Ahead: Macro and Markets, Mar. 1