Analysts’ Opinions Are Mixed on These Technology Stocks: SPS Commerce (SPSC), Atlassian (TEAM) and Digimarc (DMRC)

Analysts have been eager to weigh in on the Technology sector with new ratings on SPS Commerce (SPSC – Research Report), Atlassian (TEAM – Research Report) and Digimarc (DMRC – Research Report).

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SPS Commerce (SPSC)

In a report released today, Jeff Van Rhee from Craig-Hallum maintained a Buy rating on SPS Commerce, with a price target of $125.00. The company’s shares closed last Friday at $78.26.

According to TipRanks.com, Rhee is a 5-star analyst with an average return of 15.6% and a 52.5% success rate. Rhee covers the Technology sector, focusing on stocks such as Intellicheck Mobilisia, Frequency Electronics, and Alkami Technology. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SPS Commerce with a $117.56 average price target, which is a 13.2% upside from current levels. In a report released today, Northland Securities also upgraded the stock to Buy with a $109.00 price target.

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Atlassian (TEAM)

In a report released today, Keith Bachman from BMO Capital maintained a Buy rating on Atlassian, with a price target of $195.00. The company’s shares closed last Friday at $162.00, close to its 52-week low of $135.29.

According to TipRanks.com, Bachman is a 5-star analyst with an average return of 8.6% and a 54.0% success rate. Bachman covers the Technology sector, focusing on stocks such as International Business Machines, Rackspace Technology, and CrowdStrike Holdings. ;'>

Atlassian has an analyst consensus of Strong Buy, with a price target consensus of $236.64, a 47.3% upside from current levels. In a report issued on October 20, Morgan Stanley also maintained a Buy rating on the stock with a $320.00 price target.

Digimarc (DMRC)

In a report released today, Christian Schwab from Craig-Hallum maintained a Hold rating on Digimarc, with a price target of $10.00. The company’s shares closed last Friday at $8.07.

According to TipRanks.com, Schwab is a 5-star analyst with an average return of 16.0% and a 61.5% success rate. Schwab covers the Technology sector, focusing on stocks such as Ribbon Communications, Axcelis Technologies, and Ultra Clean Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Digimarc with a $15.00 average price target, representing a 60.6% upside. In a report issued on October 22, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $10.00 price target.

Read More on SPSC:

Disclaimer & DisclosureReport an Issue

• SPS Commerce upgraded to Outperform from Market Perform at Northland
• SPSC Earnings: SPS Commerce Stock Slammed by Mixed Results, Weak Guidance
• SPS Commerce price target lowered to $104 from $145 at Baird
• SPS Commerce price target lowered to $80 from $125 at DA Davidson
• SPS Commerce price target lowered to $110 from $145 at Citi