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Analysts Conflicted on These Technology Names: NEXTracker, Inc. Class A (NXT), Genpact (G) and Intuit (INTU)

Analysts have been eager to weigh in on the Technology sector with new ratings on NEXTracker, Inc. Class A (NXTResearch Report), Genpact (GResearch Report) and Intuit (INTUResearch Report).

NEXTracker, Inc. Class A (NXT)

In a report released yesterday, Maheep Mandloi from Mizuho Securities reiterated a Buy rating on NEXTracker, Inc. Class A, with a price target of $59.00. The company’s shares closed last Wednesday at $45.98.

According to TipRanks.com, Mandloi ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -12.3% and a 38.9% success rate. Mandloi covers the Technology sector, focusing on stocks such as Sunnova Energy International, Shoals Technologies Group, and Maxeon Solar Technologies.

Currently, the analyst consensus on NEXTracker, Inc. Class A is a Moderate Buy with an average price target of $60.83, representing a 24.1% upside. In a report released yesterday, Fox Advisors also upgraded the stock to Buy with a $60.00 price target.

See the top stocks recommended by analysts >>

Genpact (G)

In a report issued on May 14, Sean Kennedy from Mizuho Securities reiterated a Hold rating on Genpact, with a price target of $39.00. The company’s shares closed last Wednesday at $34.47.

According to TipRanks.com, Kennedy is ranked #7136 out of 8856 analysts.

Currently, the analyst consensus on Genpact is a Hold with an average price target of $36.25, which is a 5.7% upside from current levels. In a report issued on May 9, BMO Capital also maintained a Hold rating on the stock with a $38.00 price target.

Intuit (INTU)

In a report released yesterday, Siti Panigrahi from Mizuho Securities reiterated a Buy rating on Intuit, with a price target of $725.00. The company’s shares closed last Wednesday at $655.13, close to its 52-week high of $671.01.

According to TipRanks.com, Panigrahi is a 1-star analyst with an average return of -0.6% and a 50.7% success rate. Panigrahi covers the Technology sector, focusing on stocks such as Zoom Video Communications, Klaviyo, Inc. Class A, and ZoomInfo Technologies.

Currently, the analyst consensus on Intuit is a Strong Buy with an average price target of $712.52, representing a 10.7% upside. In a report issued on May 3, Citi also maintained a Buy rating on the stock with a $744.00 price target.

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