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Analysts Offer Insights on Technology Companies: Par Technology (PAR) and PubMatic (PUBM)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Par Technology (PARResearch Report) and PubMatic (PUBMResearch Report).

Par Technology (PAR)

In a report released today, Mayank Tandon from Needham reiterated a Buy rating on Par Technology, with a price target of $53.00. The company’s shares closed last Tuesday at $43.51.

According to TipRanks.com, Tandon is a 4-star analyst with an average return of 4.9% and a 46.2% success rate. Tandon covers the Technology sector, focusing on stocks such as International Money Express, SS&C Technologies Holdings, and Grid Dynamics Holdings.

Currently, the analyst consensus on Par Technology is a Moderate Buy with an average price target of $46.67, a 9.2% upside from current levels. In a report issued on February 21, Lake Street also assigned a Buy rating to the stock with a $42.00 price target.

See the top stocks recommended by analysts >>

PubMatic (PUBM)

In a report released today, Tim Nollen from Macquarie maintained a Hold rating on PubMatic, with a price target of $23.00. The company’s shares closed last Tuesday at $20.18.

According to TipRanks.com, Nollen is a 3-star analyst with an average return of 4.0% and a 43.2% success rate. Nollen covers the NA sector, focusing on stocks such as Interpublic Group of Companies, Spotify Technology SA, and Warner Music Group.

PubMatic has an analyst consensus of Moderate Buy, with a price target consensus of $24.14, a 17.8% upside from current levels. In a report released today, Oppenheimer also maintained a Hold rating on the stock.

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