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Wall Street Analysts Are Bullish on Top Technology Picks

Tipranks - Tipranks - Sat Feb 28, 6:12AM CST

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Block (XYZ – Research Report), Payoneer (PAYO – Research Report) and Evertec (EVTC – Research Report) with bullish sentiments.

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Block (XYZ)

UBS analyst Timothy Chiodo maintained a Buy rating on Block today and set a price target of $90.00. The company’s shares closed last Thursday at $54.53, close to its 52-week low of $53.54.

According to TipRanks.com, Chiodo is a 2-star analyst with an average return of 1.1% and a 42.6% success rate. Chiodo covers the Technology sector, focusing on stocks such as Jack Henry & Associates, Fidelity National Info, and Klarna Group Plc. ;'>

Block has an analyst consensus of Strong Buy, with a price target consensus of $86.23, implying a 66.3% upside from current levels. In a report released today, Morgan Stanley also upgraded the stock to Buy with a $93.00 price target.

See the top stocks recommended by analysts >>

Payoneer (PAYO)

In a report released yesterday, Sanjay Sakhrani from KBW maintained a Buy rating on Payoneer, with a price target of $7.00. The company’s shares closed last Thursday at $4.27.

According to TipRanks.com, Sakhrani is a 5-star analyst with an average return of 13.4% and a 67.2% success rate. Sakhrani covers the Financial sector, focusing on stocks such as Chime Financial, Inc. Class A, Bread Financial Holdings, and Capital One Financial. ;'>

Payoneer has an analyst consensus of Strong Buy, with a price target consensus of $8.33, representing a 74.5% upside. In a report released today, TipRanks – PerPlexity also upgraded the stock to Buy with a $5.00 price target.

Evertec (EVTC)

KBW analyst Vasundhara Govil maintained a Buy rating on Evertec yesterday and set a price target of $40.00. The company’s shares closed last Thursday at $25.77.

According to TipRanks.com, Govil has 0 stars on 0-5 stars ranking scale with an average return of -11.7% and a 34.4% success rate. Govil covers the Technology sector, focusing on stocks such as Jack Henry & Associates, Fidelity National Info, and Euronet Worldwide. ;'>

Evertec has an analyst consensus of Moderate Buy, with a price target consensus of $36.00, representing a 40.9% upside. In a report released today, TipRanks – Google also reiterated a Buy rating on the stock with a $30.00 price target.

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