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Analysts’ Opinions Are Mixed on These Technology Stocks: Himax Technologies (HIMX), Rapid7 (RPD) and Bentley Systems (BSY)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Himax Technologies (HIMXResearch Report), Rapid7 (RPDResearch Report) and Bentley Systems (BSYResearch Report).

Himax Technologies (HIMX)

The company’s shares closed last Thursday at $6.61, close to its 52-week low of $4.81.

According to TipRanks.com, Gerra is a 5-star analyst with an average return of 7.3% and a 50.9% success rate. Gerra covers the Technology sector, focusing on stocks such as Rockley Photonics Holdings, Sequans Communications S A, and Advanced Micro Devices.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Himax Technologies with a $7.60 average price target.

See the top stocks recommended by analysts >>

Rapid7 (RPD)

In a report released yesterday, Daniel Wang from Berenberg Bank maintained a Hold rating on Rapid7, with a price target of $30.00. The company’s shares closed last Thursday at $29.48, close to its 52-week low of $26.49.

According to TipRanks.com, Wang is ranked #2848 out of 8037 analysts.

Currently, the analyst consensus on Rapid7 is a Moderate Buy with an average price target of $47.92, which is a 67.6% upside from current levels. In a report issued on November 3, Truist Financial also downgraded the stock to Hold.

Bentley Systems (BSY)

In a report released yesterday, Andrew Degasperi from Berenberg Bank maintained a Buy rating on Bentley Systems, with a price target of $43.00. The company’s shares closed last Thursday at $38.58.

According to TipRanks.com, Degasperi ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -9.7% and a 29.2% success rate. Degasperi covers the Technology sector, focusing on stocks such as Teledyne Technologies, Altair Engineering, and Bill.com Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Bentley Systems with a $43.29 average price target, which is a 17.4% upside from current levels. In a report issued on November 9, Goldman Sachs also upgraded the stock to Buy with a $44.00 price target.

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