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: Xero Limited (XROLF), Adyen (ADYYF)

Tipranks - Fri Mar 27, 6:24PM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Xero Limited (XROLF) and Adyen (ADYYF) with bullish sentiments.

Claim 30% Off TipRanks Premium

Xero Limited (XROLF)

Citi analyst Siraj Ahmed maintained a Buy rating on Xero Limited today and set a price target of A$144.80. The company’s shares closed last Thursday at $49.50.

According to TipRanks.com, Ahmed is a 1-star analyst with an average return of -0.3% and a 41.6% success rate. Ahmed covers the Technology sector, focusing on stocks such as Life360 Shs Chess Depository Interests Repr 3 Sh, Wisetech Global, and Nextdc Limited. ;'>

Xero Limited has an analyst consensus of Strong Buy, with a price target consensus of $109.63, implying a 121.5% upside from current levels. In a report issued on March 24, UBS also maintained a Buy rating on the stock with a A$174.00 price target.

See the top stocks recommended by analysts >>

Adyen (ADYYF)

Jefferies analyst Hannes Leitner maintained a Buy rating on Adyen today and set a price target of EUR1240.00. The company’s shares closed last Thursday at $1027.91.

Leitner has an average return of 13.3% when recommending Adyen. ;'>

According to TipRanks.com, Leitner is ranked #1310 out of 12128 analysts.

Adyen has an analyst consensus of Strong Buy, with a price target consensus of $1777.22, a 76.8% upside from current levels. In a report issued on March 15, TipRanks – OpenAI also upgraded the stock to Buy with a EUR1005.00 price target.

Read More on XROLF:

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.