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Analysts Offer Insights on Technology Companies: Appen (OtherAPPEF) and Wisetech Global (OtherWTCHF)

Tipranks - Tipranks - Thu Apr 30, 9:32PM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Appen (APPEF) and Wisetech Global (WTCHF).

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Appen (APPEF)

Morgan Stanley analyst Chris Boulus maintained a Sell rating on Appen today and set a price target of A$0.52. The company’s shares closed last Wednesday at $0.89.

According to TipRanks.com, Boulus is ranked #11621 out of 12215 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Appen with a $1.01 average price target.

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Wisetech Global (WTCHF)

Citi analyst Siraj Ahmed maintained a Buy rating on Wisetech Global today and set a price target of A$65.35. The company’s shares closed last Thursday at $27.21.

According to TipRanks.com, Ahmed is a 2-star analyst with an average return of 0.0% and a 42.2% success rate. Ahmed covers the Technology sector, focusing on stocks such as Life360 Shs Chess Depository Interests Repr 3 Sh, Nextdc Limited, and Life360, Inc. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Wisetech Global with a $54.42 average price target, a 100.4% upside from current levels. In a report issued on April 16, Rothschild & Co Redburn also upgraded the stock to Buy with a A$60.00 price target.

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