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Analysts Offer Insights on Technology Companies: Accenture (ACN), Phunware (PHUN) and Health Catalyst (HCAT)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Accenture (ACNResearch Report), Phunware (PHUNResearch Report) and Health Catalyst (HCATResearch Report) with bullish sentiments.

Accenture (ACN)

According to TipRanks.com, Shirvaikar is a 4-star analyst with an average return of 6.1% and a 56.0% success rate. Shirvaikar covers the Technology sector, focusing on stocks such as Rackspace Technology, Exlservice Holdings, and Epam Systems.

Accenture has an analyst consensus of Moderate Buy, with a price target consensus of $310.00, implying a 19.5% upside from current levels. In a report issued on March 13, Bank of America Securities also maintained a Buy rating on the stock with a $350.00 price target.

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

Phunware (PHUN)

In a report released today, Scott Buck from H.C. Wainwright maintained a Buy rating on Phunware, with a price target of $2.50. The company’s shares closed last Thursday at $0.74.

According to TipRanks.com, Buck is ranked 0 out of 5 stars with an average return of -12.8% and a 30.6% success rate. Buck covers the Technology sector, focusing on stocks such as Intellicheck Mobilisia, Lightpath Technologies, and NexTech AR Solutions.

Phunware has an analyst consensus of Moderate Buy, with a price target consensus of $2.63.

Health Catalyst (HCAT)

According to TipRanks.com, Grosslight is a 4-star analyst with an average return of 15.2% and a 37.1% success rate. Grosslight covers the Technology sector, focusing on stocks such as Hims & Hers Health, GoodRx Holdings, and MediaAlpha.

Currently, the analyst consensus on Health Catalyst is a Moderate Buy with an average price target of $15.50.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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