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Analysts Have Conflicting Sentiments on These Technology Companies: Par Technology (PAR) and NetApp (NTAP)

Tipranks - Sat Feb 28, 10:28AM CST

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Par Technology (PARResearch Report) and NetApp (NTAPResearch Report).

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Par Technology (PAR)

William Blair analyst Stephen Sheldon maintained a Buy rating on Par Technology today. The company’s shares closed last Friday at $16.33.

According to TipRanks.com, Sheldon has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -9.6% and a 30.7% success rate. Sheldon covers the Technology sector, focusing on stocks such as Toast Inc, Agilysys, and AppFolio. ;'>

Par Technology has an analyst consensus of Strong Buy, with a price target consensus of $37.83, which is a 91.4% upside from current levels. In a report issued on February 23, Lake Street also maintained a Buy rating on the stock with a $48.00 price target.

See the top stocks recommended by analysts >>

NetApp (NTAP)

Evercore ISI analyst Amit Daryanani maintained a Hold rating on NetApp today and set a price target of $115.00. The company’s shares closed last Friday at $97.88.

According to TipRanks.com, Daryanani is a 5-star analyst with an average return of 21.6% and a 61.6% success rate. Daryanani covers the Technology sector, focusing on stocks such as International Business Machines, Hewlett Packard Enterprise, and Motorola Solutions. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for NetApp with a $115.24 average price target, a 16.8% upside from current levels. In a report issued on February 13, Citi also maintained a Hold rating on the stock with a $110.00 price target.

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