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Analysts Conflicted on These Technology Names: Genpact (G), Block (XYZ) and Qorvo (QRVO)

Tipranks - Sat May 9, 3:40PM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Genpact (G), Block (XYZ) and Qorvo (QRVO).

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Genpact (G)

In a report released today, Bryan Bergin from TD Cowen maintained a Buy rating on Genpact, with a price target of $47.00. The company’s shares closed last Friday at $32.56, close to its 52-week low of $30.23.

According to TipRanks.com, Bergin is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -4.2% and a 39.5% success rate. Bergin covers the Technology sector, focusing on stocks such as Priority Technology Holdings, Automatic Data Processing, and Fidelity National Info. ;'>

Currently, the analyst consensus on Genpact is a Moderate Buy with an average price target of $45.75, which is a 33.9% upside from current levels. In a report issued on April 25, TipRanks – Anthropic also upgraded the stock to Buy with a $38.00 price target.

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Block (XYZ)

Mizuho Securities analyst Dan Dolev reiterated a Buy rating on Block today and set a price target of $100.00. The company’s shares closed last Friday at $74.85.

According to TipRanks.com, Dolev is a 4-star analyst with an average return of 5.4% and a 48.3% success rate. Dolev covers the Technology sector, focusing on stocks such as Circle Internet Group, Inc. Class A, Automatic Data Processing, and Fidelity National Info. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Block with a $87.72 average price target, representing a 16.0% upside. In a report issued on April 23, TipRanks – PerPlexity also upgraded the stock to Buy with a $80.00 price target.

Qorvo (QRVO)

In a report released today, Vijay Rakesh from Mizuho Securities maintained a Sell rating on Qorvo, with a price target of $66.00. The company’s shares closed last Friday at $90.53.

According to TipRanks.com, Rakesh is a top 25 analyst with an average return of 70.4% and a 72.2% success rate. Rakesh covers the Technology sector, focusing on stocks such as Credo Technology Group Holding Ltd, Advanced Micro Devices, and Allegro MicroSystems. ;'>

Currently, the analyst consensus on Qorvo is a Hold with an average price target of $93.56.

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