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Analysts Offer Insights on Technology Companies: Take-Two (TTWO) and Paylocity (PCTY)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Take-Two (TTWOResearch Report) and Paylocity (PCTYResearch Report) with bullish sentiments.

Take-Two (TTWO)

BMO Capital analyst Gerrick Johnson maintained a Buy rating on Take-Two today and set a price target of $155.00. The company’s shares closed last Friday at $109.50, close to its 52-week low of $101.85.

According to TipRanks.com, Johnson is a 3-star analyst with an average return of 1.4% and a 41.9% success rate. Johnson covers the Consumer Goods sector, focusing on stocks such as Camping World Holdings, Winnebago Industries, and Harley-Davidson.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Take-Two with a $165.05 average price target, representing a 45.1% upside. In a report issued on September 14, Ascendiant also maintained a Buy rating on the stock with a $159.00 price target.

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

Paylocity (PCTY)

In a report released today, Daniel Jester from BMO Capital maintained a Buy rating on Paylocity, with a price target of $264.00. The company’s shares closed last Friday at $235.64.

According to TipRanks.com, Jester is a 4-star analyst with an average return of 9.3% and a 48.4% success rate. Jester covers the Technology sector, focusing on stocks such as Ceridian HCM Holding, Bill.com Holdings, and Coupa Software.

Currently, the analyst consensus on Paylocity is a Strong Buy with an average price target of $277.85, a 17.3% upside from current levels. In a report released yesterday, Needham also maintained a Buy rating on the stock with a $325.00 price target.

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