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Analysts Offer Insights on Technology Companies: Accenture (ACN) and QuickLogic (QUIK)

Tipranks - Wed Mar 18, 7:50AM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Accenture (ACNResearch Report) and QuickLogic (QUIKResearch Report) with bullish sentiments.

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Accenture (ACN)

In a report released today, Kevin Mcveigh from UBS reiterated a Buy rating on Accenture, with a price target of $320.00. The company’s shares closed last Monday at $199.31.

According to TipRanks.com, Mcveigh is a 3-star analyst with an average return of 2.1% and a 51.4% success rate. Mcveigh covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, SS&C Technologies Holdings, and Automatic Data Processing. ;'>

Currently, the analyst consensus on Accenture is a Strong Buy with an average price target of $281.78, implying a 42.7% upside from current levels. In a report issued on March 3, William Blair also maintained a Buy rating on the stock.

See the top stocks recommended by analysts >>

QuickLogic (QUIK)

In a report released today, Tyler Burmeister from Lake Street maintained a Buy rating on QuickLogic, with a price target of $11.00. The company’s shares closed last Monday at $9.00.

Burmeister has an average return of 13.6% when recommending QuickLogic. ;'>

According to TipRanks.com, Burmeister is ranked #7614 out of 12128 analysts.

QuickLogic has an analyst consensus of Moderate Buy, with a price target consensus of $9.67, which is a 5.5% upside from current levels. In a report issued on March 4, Craig-Hallum also maintained a Buy rating on the stock with a $10.00 price target.

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