Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Blackbaud (BLKB – Research Report) and GoDaddy (GDDY – Research Report).
Blackbaud (BLKB)
Raymond James analyst Brian Peterson upgraded Blackbaud to Buy today and set a price target of $88.00. The company’s shares closed last Friday at $74.04, close to its 52-week high of $74.34.
According to TipRanks.com, Peterson is a top 100 analyst with an average return of
Currently, the analyst consensus on Blackbaud is a Hold with an average price target of $78.00.
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GoDaddy (GDDY)
In a report released yesterday, Brad Erickson from RBC Capital initiated coverage with a Hold rating on GoDaddy and a price target of $80.00. The company’s shares closed last Friday at $75.73.
According to TipRanks.com, Erickson is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for GoDaddy with a $90.89 average price target.
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