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Analysts Offer Insights on Technology Companies: Wisetech Global (OtherWTCHF), Globant SA (GLOB) and Par Technology (PAR)

Tipranks - Sat Feb 28, 12:05AM CST

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Wisetech Global (WTCHFResearch Report), Globant SA (GLOBResearch Report) and Par Technology (PARResearch Report) with bullish sentiments.

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Wisetech Global (WTCHF)

In a report released today, Andrew McLeod from Morgan Stanley maintained a Buy rating on Wisetech Global, with a price target of A$100.00. The company’s shares closed last Monday at $31.35.

According to TipRanks.com, McLeod is a 1-star analyst with an average return of -2.1% and a 44.4% success rate. McLeod covers the NA sector, focusing on stocks such as Telstra Corporation Limited, REA Group Ltd, and Seek Limited. ;'>

Wisetech Global has an analyst consensus of Strong Buy, with a price target consensus of $62.05, implying a 98.0% upside from current levels. In a report issued on February 15, Citi also maintained a Buy rating on the stock with a A$109.15 price target.

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Globant SA (GLOB)

In a report released today, Bryan Bergin from TD Cowen maintained a Buy rating on Globant SA, with a price target of $74.00. The company’s shares closed last Thursday at $46.87.

According to TipRanks.com, Bergin ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -4.7% and a 38.3% success rate. Bergin covers the Technology sector, focusing on stocks such as Automatic Data Processing, Fidelity National Info, and Exlservice Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Globant SA with a $71.43 average price target, which is a 59.6% upside from current levels. In a report issued on February 23, Guggenheim also maintained a Buy rating on the stock with a $65.00 price target.

Par Technology (PAR)

In a report released yesterday, Samad Samana from Jefferies maintained a Buy rating on Par Technology, with a price target of $34.00. The company’s shares closed last Thursday at $22.46.

According to TipRanks.com, Samana is a 1-star analyst with an average return of -1.5% and a 42.4% success rate. Samana covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Automatic Data Processing, and Klaviyo, Inc. Class A. ;'>

Par Technology has an analyst consensus of Strong Buy, with a price target consensus of $52.00, representing a 145.4% upside. In a report issued on February 23, Lake Street also maintained a Buy rating on the stock with a $48.00 price target.

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