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Analysts Conflicted on These Technology Names: Synopsys (SNPS), Asure (ASUR) and AvePoint (AVPT)

Tipranks - Fri Feb 27, 10:28PM CST

Analysts have been eager to weigh in on the Technology sector with new ratings on Synopsys (SNPSResearch Report), Asure (ASURResearch Report) and AvePoint (AVPTResearch Report).

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Synopsys (SNPS)

Wells Fargo analyst Joseph Quatrochi maintained a Hold rating on Synopsys yesterday and set a price target of $450.00. The company’s shares closed last Thursday at $426.00, close to its 52-week low of $425.73.

According to TipRanks.com, Quatrochi is a 5-star analyst with an average return of 20.8% and a 65.1% success rate. Quatrochi covers the Technology sector, focusing on stocks such as Allegro MicroSystems, ARM Holdings PLC ADR, and NXP Semiconductors. ;'>

Synopsys has an analyst consensus of Moderate Buy, with a price target consensus of $544.62, a 26.7% upside from current levels. In a report issued on February 20, HSBC also downgraded the stock to Hold with a $455.00 price target.

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Asure (ASUR)

Roth MKM analyst Richard Baldry reiterated a Buy rating on Asure yesterday and set a price target of $15.00. The company’s shares closed last Thursday at $7.76, close to its 52-week low of $6.89.

According to TipRanks.com, Baldry is a 5-star analyst with an average return of 12.3% and a 52.9% success rate. Baldry covers the Technology sector, focusing on stocks such as Gloo Holdings, Inc. Class A, Zeta Global Holdings Corp, and Research Solutions. ;'>

Asure has an analyst consensus of Strong Buy, with a price target consensus of $18.36, which is a 147.1% upside from current levels. In a report issued on February 24, Lake Street also maintained a Buy rating on the stock with a $13.00 price target.

AvePoint (AVPT)

TD Cowen analyst Derrick Wood reiterated a Buy rating on AvePoint yesterday and set a price target of $16.00. The company’s shares closed last Thursday at $10.38.

According to TipRanks.com, Wood is a 1-star analyst with an average return of -0.4% and a 43.8% success rate. Wood covers the Technology sector, focusing on stocks such as Onestream, Inc. Class A, Klaviyo, Inc. Class A, and Rimini Street. ;'>

Currently, the analyst consensus on AvePoint is a Strong Buy with an average price target of $19.50, implying an 87.5% upside from current levels. In a report issued on February 24, Jefferies also maintained a Buy rating on the stock with a $16.00 price target.

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