Analysts Offer Insights on Technology Companies: CGI (GIB) and Pure Storage (PSTG)
There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on CGI (GIB – Research Report) and Pure Storage (PSTG – Research Report) with bullish sentiments.
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CGI (GIB)
BMO Capital analyst Thanos Moschopoulos maintained a Buy rating on CGI yesterday and set a price target of C$137.00. The company’s shares closed last Thursday at $86.16.
Moschopoulos has an average return of
According to TipRanks.com, Moschopoulos is ranked #363 out of 12040 analysts.
Currently, the analyst consensus on CGI is a Moderate Buy with an average price target of $122.49, representing a 40.8% upside. In a report issued on January 22, Stifel Nicolaus also maintained a Buy rating on the stock with a C$160.00 price target.
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Pure Storage (PSTG)
In a report released today, Amit Daryanani from Evercore ISI maintained a Buy rating on Pure Storage, with a price target of $105.00. The company’s shares closed last Thursday at $71.33, close to its 52-week high of $73.67.
According to TipRanks.com, Daryanani is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Pure Storage with a $96.53 average price target.
