There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Rackspace Technology (RXT – Research Report) and WNS (WNS – Research Report) with bullish sentiments.
Rackspace Technology (RXT)
Raymond James analyst Frank Louthan upgraded Rackspace Technology to Buy today and set a price target of $3.50. The company’s shares closed last Monday at $1.48, close to its 52-week low of $1.05.
According to TipRanks.com, Louthan is ranked #3540 out of 8562 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Rackspace Technology with a $2.74 average price target.
See the top stocks recommended by analysts >>
WNS (WNS)
Jefferies analyst Surinder Thind initiated coverage with a Buy rating on WNS today and set a price target of $82.00. The company’s shares closed last Monday at $65.50, close to its 52-week low of $60.79.
According to TipRanks.com, Thind is a 4-star analyst with an average return of
Currently, the analyst consensus on WNS is a Strong Buy with an average price target of $88.83.
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