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Analysts Offer Insights on Technology Companies: Amphenol (APH) and Par Technology (PAR)

Tipranks - Tipranks - Fri Apr 10, 5:40AM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Amphenol (APH) and Par Technology (PAR) with bullish sentiments.

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Amphenol (APH)

In a report released today, Wamsi Mohan from Bank of America Securities reiterated a Buy rating on Amphenol, with a price target of $165.00. The company’s shares closed last Wednesday at $135.32.

According to TipRanks.com, Mohan is a top 100 analyst with an average return of 29.4% and a 61.8% success rate. Mohan covers the Technology sector, focusing on stocks such as International Business Machines, Hewlett Packard Enterprise, and DigitalOcean Holdings. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Amphenol with a $170.42 average price target, which is a 25.3% upside from current levels. In a report issued on March 31, Jefferies also upgraded the stock to Buy with a $145.00 price target.

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Par Technology (PAR)

Needham analyst Mayank Tandon reiterated a Buy rating on Par Technology today and set a price target of $25.00. The company’s shares closed last Wednesday at $12.68.

According to TipRanks.com, Tandon has 0 stars on 0-5 stars ranking scale with an average return of -4.8% and a 35.5% success rate. Tandon covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, Grid Dynamics Holdings, and Exlservice Holdings. ;'>

Par Technology has an analyst consensus of Strong Buy, with a price target consensus of $33.88, implying a 137.8% upside from current levels. In a report issued on March 25, Lake Street also maintained a Buy rating on the stock with a $28.00 price target.

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