Analysts Offer Insights on Technology Companies: Cisco Systems (CSCO), Sony (OtherSNEJF) and Wix (WIX)
Analysts have been eager to weigh in on the Technology sector with new ratings on Cisco Systems (CSCO – Research Report), Sony (SNEJF – Research Report) and Wix (WIX – Research Report).
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Cisco Systems (CSCO)
Goldman Sachs analyst Mike Ng maintained a Hold rating on Cisco Systems on May 14 and set a price target of $63.00. The company’s shares closed last Friday at $63.62, close to its 52-week high of $66.50.
According to TipRanks.com, Ng 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 Cisco Systems with a $71.42 average price target, representing an 11.8% upside. In a report issued on May 16, New Street also downgraded the stock to Hold with a $70.00 price target.
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Sony (SNEJF)
In a report released today, Mike Hickey from Benchmark Co. reiterated a Buy rating on Sony, with a price target of Yen4000.00. The company’s shares closed last Friday at $25.70, close to its 52-week high of $26.77.
According to TipRanks.com, Hickey is a 4-star analyst with an average return of
Sony has an analyst consensus of Moderate Buy, with a price target consensus of $30.09, a 17.1% upside from current levels. In a report issued on May 15, Macquarie also maintained a Buy rating on the stock with a Yen4400.00 price target.
Wix (WIX)
Benchmark Co. analyst Mark Zgutowicz reiterated a Buy rating on Wix today and set a price target of $245.00. The company’s shares closed last Friday at $182.75.
According to TipRanks.com, Zgutowicz is a 5-star analyst with an average return of
Wix has an analyst consensus of Strong Buy, with a price target consensus of $234.13.
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