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Analysts Offer Insights on Technology Companies: Tower (TSEM), Repay Holdings (RPAY) and Expensify (EXFY)

Analysts have been eager to weigh in on the Technology sector with new ratings on Tower (TSEMResearch Report), Repay Holdings (RPAYResearch Report) and Expensify (EXFYResearch Report).

Tower (TSEM)

In a report released today, Cody Acree from Benchmark Co. reiterated a Buy rating on Tower, with a price target of $40.00. The company’s shares closed last Thursday at $36.44.

According to TipRanks.com, Acree is a 5-star analyst with an average return of 21.6% and a 65.7% success rate. Acree covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Silicon Laboratories, and Skyworks Solutions.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Tower with a $47.50 average price target, a 33.2% upside from current levels. In a report released today, Susquehanna also upgraded the stock to Buy with a $55.00 price target.

See the top stocks recommended by analysts >>

Repay Holdings (RPAY)

BMO Capital analyst Rufus Hone reiterated a Hold rating on Repay Holdings yesterday and set a price target of $10.00. The company’s shares closed last Thursday at $10.58, close to its 52-week high of $11.22.

According to TipRanks.com, Hone is a 4-star analyst with an average return of 7.9% and a 67.1% success rate. Hone covers the Financial sector, focusing on stocks such as PayPal Holdings, Western Union, and Mastercard.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Repay Holdings with a $12.25 average price target, a 11.0% upside from current levels. In a report released yesterday, KBW also assigned a Hold rating to the stock with a $11.00 price target.

Expensify (EXFY)

BMO Capital analyst Daniel Jester maintained a Hold rating on Expensify yesterday and set a price target of $3.00. The company’s shares closed last Thursday at $1.78, close to its 52-week low of $1.40.

According to TipRanks.com, Jester is a 4-star analyst with an average return of 9.4% and a 55.6% success rate. Jester covers the Technology sector, focusing on stocks such as Procore Technologies, Dayforce Inc, and Paycor HCM.

The word on The Street in general, suggests a Hold analyst consensus rating for Expensify with a $2.50 average price target, which is a 39.7% upside from current levels. In a report released today, JMP Securities also maintained a Hold rating on the stock.

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