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Analysts Offer Insights on Technology Companies: Caci International (CACI), Five9 (FIVN) and Ouster (OUST)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Caci International (CACIResearch Report), Five9 (FIVNResearch Report) and Ouster (OUSTResearch Report).

Caci International (CACI)

In a report released yesterday, Peter Arment from Robert W. Baird maintained a Buy rating on Caci International, with a price target of $370.00. The company’s shares closed last Friday at $340.66, close to its 52-week high of $359.33.

According to TipRanks.com, Arment is a 5-star analyst with an average return of 10.2% and a 62.1% success rate. Arment covers the Industrial Goods sector, focusing on stocks such as Honeywell International, Raytheon Technologies, and Albany International.

Currently, the analyst consensus on Caci International is a Strong Buy with an average price target of $376.00, implying a 9.3% upside from current levels. In a report released yesterday, Jefferies also initiated coverage with a Buy rating on the stock with a $390.00 price target.

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Five9 (FIVN)

In a report issued on August 8, William Power from Robert W. Baird reiterated a Buy rating on Five9, with a price target of $90.00. The company’s shares closed last Friday at $69.66.

According to TipRanks.com, Power is a 5-star analyst with an average return of 15.7% and a 55.9% success rate. Power covers the Technology sector, focusing on stocks such as Zoom Video Communications, Everbridge, and Dynatrace.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Five9 with a $90.37 average price target, a 31.4% upside from current levels. In a report issued on July 26, Rosenblatt Securities also maintained a Buy rating on the stock with a $105.00 price target.

Ouster (OUST)

In a report released yesterday, Tristan Gerra from Robert W. Baird maintained a Hold rating on Ouster, with a price target of $5.00. The company’s shares closed last Friday at $6.39.

According to TipRanks.com, Gerra is a 5-star analyst with an average return of 9.8% and a 55.3% success rate. Gerra covers the Technology sector, focusing on stocks such as Sequans Communications S A, Advanced Micro Devices, and Lattice Semiconductor.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ouster with a $7.78 average price target.

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