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 Offer Insights on Technology Companies: Verisign (VRSN), Sensata (ST) and Rapid7 (RPD)

Tipranks - Tipranks - Wed Jun 3, 6:20AM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Verisign (VRSN), Sensata (ST) and Rapid7 (RPD).

Claim 55% Off TipRanks

Verisign (VRSN)

Citi analyst Jamesmichael Sherman-Lewis assigned a Buy rating to Verisign today and set a price target of $320.00. The company’s shares closed last Monday at $296.59.

Sherman-Lewis has an average return of 16.6% when recommending Verisign. ;'>

According to TipRanks.com, Sherman-Lewis is ranked #7157 out of 12287 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Verisign with a $317.67 average price target, representing an 11.0% upside. In a report issued on May 18, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $338.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Sensata (ST)

In a report released today, Kosta Tasoulis from Wells Fargo assigned a Hold rating to Sensata, with a price target of $48.00. The company’s shares closed last Monday at $49.29.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sensata with a $50.10 average price target, which is a 1.7% upside from current levels. In a report issued on May 29, Barclays also downgraded the stock to Hold with a $53.00 price target.

Rapid7 (RPD)

BTIG analyst Gray Powell maintained a Hold rating on Rapid7 yesterday. The company’s shares closed last Monday at $8.74.

According to TipRanks.com, Powell is a 5-star analyst with an average return of 11.7% and a 57.4% success rate. Powell covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Rubrik, Inc. Class A, and Palo Alto Networks. ;'>

Currently, the analyst consensus on Rapid7 is a Hold with an average price target of $7.23, which is a -15.1% downside from current levels. In a report released yesterday, William Blair also maintained a Hold rating on the stock.

Read More on VRSN:

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.

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2026.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).