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Analysts Have Conflicting Sentiments on These Technology Companies: Garmin (GRMN) and TTEC Holdings (TTEC)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Garmin (GRMNResearch Report) and TTEC Holdings (TTECResearch Report).

Garmin (GRMN)

In a report released today, Ivan Feinseth from Tigress Financial reiterated a Buy rating on Garmin, with a price target of $165.00. The company’s shares closed last Wednesday at $104.48, close to its 52-week high of $108.56.

According to TipRanks.com, Feinseth is a 5-star analyst with an average return of 12.2% and a 59.0% success rate. Feinseth covers the Technology sector, focusing on stocks such as Uber Technologies, Rivian Automotive, and Alphabet Class A.

Garmin has an analyst consensus of Moderate Buy, with a price target consensus of $128.25.

See the top stocks recommended by analysts >>

TTEC Holdings (TTEC)

Barrington analyst Vincent Colicchio maintained a Hold rating on TTEC Holdings today. The company’s shares closed last Thursday at $28.37.

According to TipRanks.com, Colicchio is a 5-star analyst with an average return of 10.6% and a 56.2% success rate. Colicchio covers the Technology sector, focusing on stocks such as Information Services Group, Climb Global Solutions, and TD SYNNEX Corporation.

TTEC Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $45.00, representing a 58.6% upside. In a report issued on August 4, Bank of America Securities also maintained a Hold rating on the stock with a $40.00 price target.

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