Skip to main content

Analysts Have Conflicting Sentiments on These Technology Companies: Monday.com (MNDY), Qualcomm (QCOM) and Paychex (PAYX)

Tipranks - Wed Feb 11, 5:38AM CST

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Monday.com (MNDYResearch Report), Qualcomm (QCOMResearch Report) and Paychex (PAYXResearch Report).

Valentine's Day Sale - 70% Off

Monday.com (MNDY)

Morgan Stanley analyst Josh Baer maintained a Buy rating on Monday.com today and set a price target of $200.00. The company’s shares closed last Monday at $77.63.

According to TipRanks.com, Baer is a 3-star analyst with an average return of 3.7% and a 48.6% success rate. Baer covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Via Transportation, Inc. Class A, and ServiceTitan, Inc. Class A. ;'>

Currently, the analyst consensus on Monday.com is a Strong Buy with an average price target of $175.32, which is a 127.9% upside from current levels. In a report issued on February 3, Piper Sandler also maintained a Buy rating on the stock with a $170.00 price target.

See today’s best-performing stocks on TipRanks >>

Qualcomm (QCOM)

In a report released yesterday, Fang Boon Foo from DBS maintained a Buy rating on Qualcomm, with a price target of $200.00. The company’s shares closed last Monday at $138.93.

According to TipRanks.com, Foo is a 5-star analyst with an average return of 39.1% and a 75.4% success rate. Foo covers the Technology sector, focusing on stocks such as Broadcom, Marvell, and Nvidia. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Qualcomm with a $166.21 average price target, implying a 21.2% upside from current levels. In a report issued on February 5, J.P. Morgan also maintained a Buy rating on the stock with a $185.00 price target.

Paychex (PAYX)

William Blair analyst Andrew Nicholas maintained a Hold rating on Paychex today. The company’s shares closed last Monday at $98.09.

According to TipRanks.com, Nicholas has 0 stars on 0-5 stars ranking scale with an average return of -14.3% and a 26.8% success rate. Nicholas covers the Industrial Goods sector, focusing on stocks such as Andersen Group, Inc. Class A, Verisk Analytics, and FTI Consulting. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Paychex with a $118.38 average price target, implying a 20.2% upside from current levels. In a report issued on January 27, TipRanks – DeepSeek also upgraded the stock to Hold with a $117.00 price target.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.