Analysts Offer Insights on Technology Companies: PTC (PTC), Paycom (PAYC) and Cognex (CGNX)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on PTC (PTC), Paycom (PAYC) and Cognex (CGNX).
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PTC (PTC)
In a report released today, Adam Borg from Stifel Nicolaus maintained a Buy rating on PTC, with a price target of $180.00. The company’s shares closed last Thursday at $147.92.
According to TipRanks.com, Borg is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PTC with a $181.33 average price target, a 33.7% upside from current levels. In a report issued on April 24, BMO Capital also maintained a Buy rating on the stock with a $170.00 price target.
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Paycom (PAYC)
Stifel Nicolaus analyst Brad Reback maintained a Hold rating on Paycom today and set a price target of $120.00. The company’s shares closed last Thursday at $133.34.
According to TipRanks.com, Reback is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Paycom with a $148.29 average price target, representing a 13.1% upside. In a report released today, William Blair also maintained a Hold rating on the stock.
Cognex (CGNX)
Truist Financial analyst Jamie Cook maintained a Hold rating on Cognex today. The company’s shares closed last Thursday at $68.84.
According to TipRanks.com, Cook is a 5-star analyst with an average return of
Cognex has an analyst consensus of Moderate Buy, with a price target consensus of $65.21, a 0.9% upside from current levels. In a report issued on May 1, TipRanks – Anthropic also reiterated a Hold rating on the stock with a $56.00 price target.
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