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Analysts Offer Insights on Technology Companies: Jack Henry & Associates (JKHY), Workiva (WK) and Astera Labs, Inc. (ALAB)

Tipranks - Thu May 7, 8:12AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Jack Henry & Associates (JKHY), Workiva (WK) and Astera Labs, Inc. (ALAB).

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Jack Henry & Associates (JKHY)

Goldman Sachs analyst Will Nance maintained a Hold rating on Jack Henry & Associates yesterday and set a price target of $180.00. The company’s shares closed last Tuesday at $149.34.

According to TipRanks.com, Nance has 0 stars on 0-5 stars ranking scale with an average return of -7.6% and a 42.1% success rate. Nance covers the Technology sector, focusing on stocks such as Fidelity National Info, Paymentus Holdings, and Bill.com Holdings. ;'>

Currently, the analyst consensus on Jack Henry & Associates is a Strong Buy with an average price target of $195.67.

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Workiva (WK)

In a report released today, Patrick McIlwee from William Blair maintained a Buy rating on Workiva, with a price target of $55.00. The company’s shares closed last Tuesday at $55.41.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Workiva with a $78.13 average price target, a 38.3% upside from current levels. In a report issued on April 24, BMO Capital also maintained a Buy rating on the stock with a $70.00 price target.

Astera Labs, Inc. (ALAB)

Raymond James analyst Simon Leopold maintained a Hold rating on Astera Labs, Inc. today. The company’s shares closed last Tuesday at $215.69.

According to TipRanks.com, Leopold is a 5-star analyst with an average return of 28.6% and a 59.1% success rate. Leopold covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Advanced Micro Devices, and Super Micro Computer. ;'>

Currently, the analyst consensus on Astera Labs, Inc. is a Moderate Buy with an average price target of $234.25, a 12.9% upside from current levels. In a report issued on April 21, UBS also initiated coverage with a Hold rating on the stock with a $180.00 price target.

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