Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Conflicted on These Technology Names: STMicroelectronics (STM) and Paycom (PAYC)

Tipranks - Thu May 7, 8:12PM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on STMicroelectronics (STM) and Paycom (PAYC).

Claim 55% Off TipRanks

STMicroelectronics (STM)

Robert W. Baird analyst Tristan Gerra assigned a Buy rating to STMicroelectronics yesterday and set a price target of $90.00. The company’s shares closed last Wednesday at $57.95.

According to TipRanks.com, Gerra is a 5-star analyst with an average return of 29.8% and a 59.1% success rate. Gerra covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Lattice Semiconductor, and Navitas Semiconductor. ;'>

Currently, the analyst consensus on STMicroelectronics is a Moderate Buy with an average price target of $62.80, which is a 10.2% upside from current levels. In a report issued on April 23, Craig-Hallum also upgraded the stock to Buy with a $58.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Paycom (PAYC)

In a report released yesterday, Samad Samana from Jefferies reiterated a Hold rating on Paycom, with a price target of $130.00. The company’s shares closed last Wednesday at $126.36.

According to TipRanks.com, Samana is a 1-star analyst with an average return of -0.6% and a 43.5% success rate. Samana covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Automatic Data Processing, and Klaviyo, Inc. Class A. ;'>

Currently, the analyst consensus on Paycom is a Moderate Buy with an average price target of $149.07, implying a 14.9% upside from current levels. In a report issued on April 24, TipRanks – Anthropic also reiterated a Hold rating on the stock with a $140.00 price target.

Read More on STM:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.