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Analysts Offer Insights on Technology Companies: Array Technologies (ARRY), NICE (NICE) and DXC Technology (DXC)

Analysts have been eager to weigh in on the Technology sector with new ratings on Array Technologies (ARRYResearch Report), NICE (NICEResearch Report) and DXC Technology (DXCResearch Report).

Array Technologies (ARRY)

Wells Fargo analyst Michael Blum maintained a Hold rating on Array Technologies yesterday and set a price target of $14.00. The company’s shares closed last Thursday at $11.34, close to its 52-week low of $10.82.

According to TipRanks.com, Blum is a 5-star analyst with an average return of 8.9% and a 61.8% success rate. Blum covers the NA sector, focusing on stocks such as Excelerate Energy, Inc. Class A, Enterprise Products Partners, and Cheniere Energy Partners.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Array Technologies with a $18.98 average price target, implying a 55.7% upside from current levels. In a report issued on May 9, TD Cowen also maintained a Hold rating on the stock with a $16.50 price target.

See today’s best-performing stocks on TipRanks >>

NICE (NICE)

Bank of America Securities analyst Michael Funk reiterated a Buy rating on NICE yesterday and set a price target of $270.00. The company’s shares closed last Thursday at $198.60.

According to TipRanks.com, Funk is a 1-star analyst with an average return of -2.2% and a 50.0% success rate. Funk covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Zoom Video Communications, and Weave Communications.

NICE has an analyst consensus of Strong Buy, with a price target consensus of $289.15, implying a 36.9% upside from current levels. In a report released yesterday, Jefferies also maintained a Buy rating on the stock with a $230.00 price target.

DXC Technology (DXC)

Bank of America Securities analyst Jason Kupferberg maintained a Sell rating on DXC Technology yesterday and set a price target of $21.00. The company’s shares closed last Thursday at $19.88, close to its 52-week low of $18.61.

According to TipRanks.com, Kupferberg is a 3-star analyst with an average return of 0.8% and a 56.5% success rate. Kupferberg covers the Technology sector, focusing on stocks such as Jack Henry & Associates, Fidelity National Info, and Thoughtworks Holding.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for DXC Technology with a $21.50 average price target.

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