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’ Top Technology Picks: TSMC (TSM), Atlassian (TEAM)

Tipranks - Sat Apr 18, 7:36AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on TSMC (TSM), Atlassian (TEAM) and SS&C Technologies Holdings (SSNC) with bullish sentiments.

Claim 30% Off TipRanks

TSMC (TSM)

In a report released today, Gil Luria from D.A. Davidson reiterated a Buy rating on TSMC, with a price target of $450.00. The company’s shares closed last Thursday at $363.35.

According to TipRanks.com, Luria is a 4-star analyst with an average return of 7.8% and a 47.9% success rate. Luria covers the Technology sector, focusing on stocks such as SoundHound AI, Inc Class A, Advanced Micro Devices, and Palantir Technologies. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for TSMC with a $453.00 average price target, a 22.8% upside from current levels. In a report released yesterday, TipRanks – xAI also reiterated a Buy rating on the stock with a $443.00 price target.

See today’s best-performing stocks on TipRanks >>

Atlassian (TEAM)

Guggenheim analyst Howard Ma maintained a Buy rating on Atlassian yesterday and set a price target of $115.00. The company’s shares closed last Thursday at $68.73.

According to TipRanks.com, Ma is a 2-star analyst with an average return of 0.5% and a 45.3% success rate. Ma covers the Technology sector, focusing on stocks such as CommVault Systems, Monday.com, and Dynatrace. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Atlassian with a $141.95 average price target, which is a 103.4% upside from current levels. In a report issued on April 1, KeyBanc also maintained a Buy rating on the stock with a $130.00 price target.

SS&C Technologies Holdings (SSNC)

In a report released today, Peter Heckmann from D.A. Davidson maintained a Buy rating on SS&C Technologies Holdings, with a price target of $96.00. The company’s shares closed last Thursday at $71.30.

According to TipRanks.com, Heckmann is a 4-star analyst with an average return of 5.6% and a 50.9% success rate. Heckmann covers the Technology sector, focusing on stocks such as Broadridge Financial Solutions, Clearwater Analytics Holdings, and Donnelley Financial Solutions. ;'>

Currently, the analyst consensus on SS&C Technologies Holdings is a Strong Buy with an average price target of $98.83, representing a 37.1% upside. In a report issued on April 2, TipRanks – Google also reiterated a Buy rating on the stock with a $75.00 price target.

Read More on TSM:

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.