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Analysts Offer Insights on Technology Companies: Insight Enterprises (NSIT) and Raytheon Technologies (RTX)

Analysts have been eager to weigh in on the Technology sector with new ratings on Insight Enterprises (NSITResearch Report) and Raytheon Technologies (RTXResearch Report).

Insight Enterprises (NSIT)

In a report released yesterday, Matthew Sheerin from Stifel Nicolaus downgraded Insight Enterprises to Hold, with a price target of $150.00. The company’s shares closed last Tuesday at $142.36, close to its 52-week high of $144.84.

According to TipRanks.com, Sheerin is a 5-star analyst with an average return of 14.6% and a 69.5% success rate. Sheerin covers the Technology sector, focusing on stocks such as Vishay Intertechnology, TD SYNNEX Corporation, and Arrow Electronics.

The word on The Street in general, suggests a Hold analyst consensus rating for Insight Enterprises with a $141.75 average price target.

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

Raytheon Technologies (RTX)

In a report released yesterday, Myles Walton from Wolfe Research upgraded Raytheon Technologies to Buy, with a price target of $117.00. The company’s shares closed last Tuesday at $99.72.

According to TipRanks.com, Walton is a 5-star analyst with an average return of 11.6% and a 63.4% success rate. Walton covers the Technology sector, focusing on stocks such as Virgin Galactic Holdings, Howmet Aerospace, and Embraer SA.

Currently, the analyst consensus on Raytheon Technologies is a Moderate Buy with an average price target of $110.29.

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