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Analysts Have Conflicting Sentiments on These Technology Companies: Paycom (PAYC), KORE Group Holdings (KORE) and Presto Automation (PRST)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Paycom (PAYCResearch Report), KORE Group Holdings (KOREResearch Report) and Presto Automation (PRSTResearch Report).

Paycom (PAYC)

In a report released today, Joshua Reilly from Needham reiterated a Buy rating on Paycom, with a price target of $450.00. The company’s shares closed last Monday at $272.48, close to its 52-week low of $255.82.

According to TipRanks.com, Reilly is a 3-star analyst with an average return of 1.6% and a 34.4% success rate. Reilly covers the Technology sector, focusing on stocks such as Tyler Technologies, Axon Enterprise, and Jamf Holding.

Paycom has an analyst consensus of Moderate Buy, with a price target consensus of $386.27.

See the top stocks recommended by analysts >>

KORE Group Holdings (KORE)

Morgan Stanley analyst Meta Marshall maintained a Hold rating on KORE Group Holdings today and set a price target of $2.00. The company’s shares closed last Monday at $1.25, close to its 52-week low of $1.23.

According to TipRanks.com, Marshall is a 4-star analyst with an average return of 4.6% and a 57.6% success rate. Marshall covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Zoom Video Communications, and Keysight Technologies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for KORE Group Holdings with a $5.00 average price target.

Presto Automation (PRST)

In a report released today, Brian Dobson from Chardan Capital reiterated a Hold rating on Presto Automation, with a price target of $4.25. The company’s shares closed last Monday at $1.61, equals to its 52-week low of $1.61.

According to TipRanks.com, Dobson ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -24.4% and a 21.1% success rate. Dobson covers the Technology sector, focusing on stocks such as Freightos Limited, BM Technologies, and Wallbox.

The word on The Street in general, suggests a Hold analyst consensus rating for Presto Automation with a $4.25 average price target.

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