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Analysts Are Bullish on Top Technology Stocks: NCR Voyix (VYX), Braze (BRZE)

Tipranks - Sat May 16, 7:24AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on NCR Voyix (VYX), Braze (BRZE) and Karooooo (KARO) with bullish sentiments.

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NCR Voyix (VYX)

D.A. Davidson analyst Matt Summerville assigned a Buy rating to NCR Voyix today and set a price target of $14.00. The company’s shares closed last Thursday at $6.93.

According to TipRanks.com, Summerville is a 5-star analyst with an average return of 16.7% and a 54.0% success rate. Summerville covers the Industrial Goods sector, focusing on stocks such as Napco Security Technologies, A. O. Smith Corporation, and Franklin Electric Co. ;'>

Currently, the analyst consensus on NCR Voyix is a Strong Buy with an average price target of $11.67, implying a 65.8% upside from current levels. In a report issued on May 7, Needham also maintained a Buy rating on the stock with a $12.00 price target.

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Braze (BRZE)

In a report released today, J. Parker Lane from Stifel Nicolaus maintained a Buy rating on Braze, with a price target of $30.00. The company’s shares closed last Thursday at $19.87.

According to TipRanks.com, Lane is ranked 0 out of 5 stars with an average return of -11.5% and a 29.9% success rate. Lane covers the Technology sector, focusing on stocks such as ServiceTitan, Inc. Class A, Klaviyo, Inc. Class A, and ZoomInfo Technologies. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Braze with a $35.94 average price target, which is an 85.4% upside from current levels. In a report issued on May 13, TipRanks – Google also reiterated a Buy rating on the stock with a $22.00 price target.

Karooooo (KARO)

In a report released today, Taylor McGinnis from UBS maintained a Buy rating on Karooooo, with a price target of $55.00. The company’s shares closed last Thursday at $44.59.

According to TipRanks.com, McGinnis is ranked 0 out of 5 stars with an average return of -15.7% and a 26.4% success rate. McGinnis covers the Technology sector, focusing on stocks such as ZoomInfo Technologies, Procore Technologies, and Bill.com Holdings. ;'>

Currently, the analyst consensus on Karooooo is a Strong Buy with an average price target of $61.00, a 28.5% upside from current levels. In a report released yesterday, Needham also maintained a Buy rating on the stock with a $60.00 price target.

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