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Analysts Offer Insights on Technology Companies: Blackbaud (BLKB), Ceridian HCM Holding (CDAY) and Wallbox (WBX)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Blackbaud (BLKBResearch Report), Ceridian HCM Holding (CDAYResearch Report) and Wallbox (WBXResearch Report) with bullish sentiments.

Blackbaud (BLKB)

Robert W. Baird analyst Robert Oliver maintained a Buy rating on Blackbaud on August 2 and set a price target of $84.00. The company’s shares closed last Thursday at $74.03, close to its 52-week high of $78.71.

According to TipRanks.com, Oliver is a 5-star analyst with an average return of 9.3% and a 55.7% success rate. Oliver covers the Technology sector, focusing on stocks such as Aspen Technology, Inc., Tyler Technologies, and Thryv Holdings.

Currently, the analyst consensus on Blackbaud is a Moderate Buy with an average price target of $86.00.

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

Ceridian HCM Holding (CDAY)

Robert W. Baird analyst Mark Marcon maintained a Buy rating on Ceridian HCM Holding on August 2 and set a price target of $86.00. The company’s shares closed last Thursday at $71.54.

According to TipRanks.com, Marcon is a 5-star analyst with an average return of 12.9% and a 58.1% success rate. Marcon covers the Technology sector, focusing on stocks such as HireRight Holdings Corp, Paylocity, and Workday.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ceridian HCM Holding with a $79.57 average price target, implying a 13.7% upside from current levels. In a report issued on July 21, Citi also maintained a Buy rating on the stock with a $84.00 price target.

Wallbox (WBX)

In a report issued on August 2, Ben Kallo from Robert W. Baird maintained a Buy rating on Wallbox, with a price target of $5.00. The company’s shares closed last Thursday at $3.31, close to its 52-week low of $2.44.

According to TipRanks.com, Kallo is a 4-star analyst with an average return of 6.4% and a 52.0% success rate. Kallo covers the Technology sector, focusing on stocks such as Rivian Automotive, QuantumScape, and ESS Tech.

Currently, the analyst consensus on Wallbox is a Strong Buy with an average price target of $7.17.

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