Companies in the Technology sector have received a lot of coverage today as analysts weigh in on RingCentral (RNG – Research Report), Alteryx (AYX – Research Report) and Infineon Technologies AG (IFNNF – Research Report).
RingCentral (RNG)
In a report released today, Ryan Koontz from Needham maintained a Hold rating on RingCentral. The company’s shares closed last Tuesday at $49.70, close to its 52-week low of $47.28.
According to TipRanks.com, Koontz is a 4-star analyst with an average return of
Currently, the analyst consensus on RingCentral is a Strong Buy with an average price target of $106.33.
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Alteryx (AYX)
Needham analyst Mike Cikos reiterated a Buy rating on Alteryx today and set a price target of $68.00. The company’s shares closed last Tuesday at $50.57.
According to TipRanks.com, Cikos ‘ ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Alteryx with a $80.20 average price target, implying a 67.1% upside from current levels. In a report issued on July 27, Rosenblatt Securities also maintained a Buy rating on the stock with a $75.00 price target.
Infineon Technologies AG (IFNNF)
UBS analyst Francois Xavier Bouvignies maintained a Buy rating on Infineon Technologies AG today and set a price target of EUR40.00. The company’s shares closed last Tuesday at $26.98.
According to TipRanks.com, Bouvignies is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Infineon Technologies AG with a $37.66 average price target, which is a 39.2% upside from current levels. In a report issued on July 27, Kepler Capital also maintained a Buy rating on the stock with a EUR40.00 price target.
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