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Analysts Conflicted on These Technology Names: Arrow Electronics (ARW), Manhattan Associates (MANH) and Shift4 Payments (FOUR)

Tipranks - Sat Feb 28, 8:20AM CST

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Arrow Electronics (ARWResearch Report), Manhattan Associates (MANHResearch Report) and Shift4 Payments (FOURResearch Report).

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Arrow Electronics (ARW)

Truist Financial analyst William Stein maintained a Hold rating on Arrow Electronics today. The company’s shares closed last Thursday at $153.85.

According to TipRanks.com, Stein is a top 25 analyst with an average return of 36.1% and a 76.7% success rate. Stein covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Advanced Micro Devices, and NXP Semiconductors. ;'>

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Arrow Electronics with a $108.00 average price target.

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Manhattan Associates (MANH)

In a report released today, Terry Tillman from Truist Financial maintained a Buy rating on Manhattan Associates. The company’s shares closed last Thursday at $139.61.

According to TipRanks.com, Tillman has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -8.5% and a 35.8% success rate. Tillman covers the Technology sector, focusing on stocks such as ServiceTitan, Inc. Class A, Zeta Global Holdings Corp, and Onestream, Inc. Class A. ;'>

Manhattan Associates has an analyst consensus of Strong Buy, with a price target consensus of $215.00, representing a 58.9% upside. In a report issued on February 25, TipRanks – OpenAI also downgraded the stock to Buy with a $145.00 price target.

Shift4 Payments (FOUR)

Truist Financial analyst Matthew Coad maintained a Hold rating on Shift4 Payments today. The company’s shares closed last Thursday at $48.41.

According to TipRanks.com, Coad is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -16.2% and a 15.9% success rate. Coad covers the Technology sector, focusing on stocks such as Fidelity National Info, Bill.com Holdings, and Affirm Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Shift4 Payments with a $76.93 average price target, implying a 48.0% upside from current levels. In a report issued on February 19, Wells Fargo also maintained a Hold rating on the stock with a $77.00 price target.

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