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Analysts Offer Insights on Technology Companies: SS&C Technologies Holdings (SSNC), Shyft Group (SHYF) and AppFolio (APPF)

Analysts have been eager to weigh in on the Technology sector with new ratings on SS&C Technologies Holdings (SSNCResearch Report), Shyft Group (SHYFResearch Report) and AppFolio (APPFResearch Report).

SS&C Technologies Holdings (SSNC)

In a report released today, Peter Heckmann from D.A. Davidson maintained a Buy rating on SS&C Technologies Holdings, with a price target of $66.00. The company’s shares closed last Thursday at $49.44, close to its 52-week low of $47.91.

According to TipRanks.com, Heckmann is a 1-star analyst with an average return of -3.1% and a 38.5% success rate. Heckmann covers the Technology sector, focusing on stocks such as Tyler Technologies, I3 Verticals, and Q2 Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for SS&C Technologies Holdings with a $67.86 average price target, implying a 37.9% upside from current levels. In a report released yesterday, RBC Capital also maintained a Buy rating on the stock with a $65.00 price target.

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

Shyft Group (SHYF)

D.A. Davidson analyst Michael Shlisky maintained a Hold rating on Shyft Group today and set a price target of $13.00. The company’s shares closed last Thursday at $11.50, close to its 52-week low of $11.05.

According to TipRanks.com, Shlisky has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -6.0% and a 30.2% success rate. Shlisky covers the Industrial Goods sector, focusing on stocks such as Custom Truck One Source, Douglas Dynamics, and The Toro Company.

Currently, the analyst consensus on Shyft Group is a Moderate Buy with an average price target of $16.33, which is a 35.1% upside from current levels. In a report released today, BTIG also downgraded the stock to Hold.

AppFolio (APPF)

D.A. Davidson analyst Gil Luria reiterated a Buy rating on AppFolio today. The company’s shares closed last Thursday at $176.77.

According to TipRanks.com, Luria is a 5-star analyst with an average return of 11.5% and a 58.1% success rate. Luria covers the Technology sector, focusing on stocks such as SoundHound AI, Inc Class A, ZoomInfo Technologies, and Palantir Technologies.

AppFolio has an analyst consensus of Strong Buy, with a price target consensus of $205.00, a 15.4% upside from current levels. In a report released today, KeyBanc also assigned a Buy rating to the stock with a $223.00 price target.

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