Analysts Have Conflicting Sentiments on These Technology Companies: Lyft (LYFT), Amdocs (DOX) and Cisco Systems (CSCO)
Analysts have been eager to weigh in on the Technology sector with new ratings on Lyft (LYFT), Amdocs (DOX) and Cisco Systems (CSCO).
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Lyft (LYFT)
Bernstein analyst Nikhil Devnani maintained a Hold rating on Lyft today and set a price target of $16.00. The company’s shares closed last Wednesday at $13.68.
According to TipRanks.com, Devnani is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lyft with a $18.84 average price target, representing a 35.7% upside. In a report issued on May 8, TipRanks – PerPlexity also downgraded the stock to Hold with a $15.50 price target.
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Amdocs (DOX)
Bank of America Securities analyst Tal Liani reiterated a Buy rating on Amdocs today and set a price target of $78.00. The company’s shares closed last Wednesday at $59.93.
According to TipRanks.com, Liani is a 5-star analyst with an average return of
Amdocs has an analyst consensus of Moderate Buy, with a price target consensus of $83.00, which is a 32.2% upside from current levels. In a report released yesterday, TipRanks – PerPlexity also upgraded the stock to Buy with a $74.00 price target.
Cisco Systems (CSCO)
Wells Fargo analyst Aaron Rakers maintained a Buy rating on Cisco Systems yesterday and set a price target of $130.00. The company’s shares closed last Wednesday at $101.87.
According to TipRanks.com, Rakers is a top 25 analyst with an average return of
Cisco Systems has an analyst consensus of Moderate Buy, with a price target consensus of $110.30, a 11.0% upside from current levels. In a report issued on May 4, Evercore ISI also maintained a Buy rating on the stock with a $110.00 price target.
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