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Analysts Offer Insights on Technology Companies: PTC (PTC) and Circle Internet Group, Inc. Class A (CRCL)

Tipranks - Tue Feb 3, 4:00AM CST

Analysts have been eager to weigh in on the Technology sector with new ratings on PTC (PTCResearch Report) and Circle Internet Group, Inc. Class A (CRCLResearch Report).

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PTC (PTC)

PTC received a Sell rating and a $162.00 price target from J.P. Morgan analyst Alexei Gogolev today. The company’s shares closed last Friday at $156.13, close to its 52-week low of $151.80.

According to TipRanks.com, Gogolev is a 4-star analyst with an average return of 9.4% and a 53.4% success rate. Gogolev covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Bentley Systems, and Pegasystems. ;'>

PTC has an analyst consensus of Moderate Buy, with a price target consensus of $200.56.

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Circle Internet Group, Inc. Class A (CRCL)

Circle Internet Group, Inc. Class A received a Hold rating and a $66.00 price target from Morgan Stanley analyst James Faucette today. The company’s shares closed last Friday at $63.93, close to its 52-week low of $61.88.

According to TipRanks.com, Faucette is a 4-star analyst with an average return of 4.3% and a 62.8% success rate. Faucette covers the Technology sector, focusing on stocks such as Broadridge Financial Solutions, Kyndryl Holdings Incorporation, and Automatic Data Processing. ;'>

Circle Internet Group, Inc. Class A has an analyst consensus of Moderate Buy, with a price target consensus of $137.93, implying a 107.1% upside from current levels. In a report issued on January 28, Mizuho Securities also upgraded the stock to Hold with a $77.00 price target.

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