Analysts Are Bullish on These Technology Stocks: SailPoint, Inc. (SAIL), PTC (PTC)
There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on SailPoint, Inc. (SAIL – Research Report) and PTC (PTC – Research Report) with bullish sentiments.
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SailPoint, Inc. (SAIL)
In a report released today, Jonathan Ruykhaver from Cantor Fitzgerald maintained a Buy rating on SailPoint, Inc., with a price target of $29.00. The company’s shares closed last Monday at $15.08.
According to TipRanks.com, Ruykhaver is a 5-star analyst with an average return of
Currently, the analyst consensus on SailPoint, Inc. is a Strong Buy with an average price target of $23.91, representing a 57.1% upside. In a report issued on March 3, Wells Fargo also initiated coverage with a Buy rating on the stock with a $17.00 price target.
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PTC (PTC)
In a report released today, Kenneth Wong from Oppenheimer reiterated a Buy rating on PTC, with a price target of $200.00. The company’s shares closed last Monday at $155.94, close to its 52-week low of $151.80.
According to TipRanks.com, Wong 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 $183.83 average price target, representing a 16.9% upside. In a report released today, Barclays also initiated coverage with a Buy rating on the stock with a $180.00 price target.
