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Analysts Have Conflicting Sentiments on These Technology Companies: Ansys (ANSS), Akamai (AKAM) and Upstart Holdings (UPST)

Analysts have been eager to weigh in on the Technology sector with new ratings on Ansys (ANSSResearch Report), Akamai (AKAMResearch Report) and Upstart Holdings (UPSTResearch Report).

Ansys (ANSS)

In a report issued on November 6, Stephen Tusa from J.P. Morgan maintained a Buy rating on Ansys, with a price target of $313.00. The company’s shares closed last Tuesday at $281.80.

According to TipRanks.com, Tusa is a 5-star analyst with an average return of 9.9% and a 61.3% success rate. Tusa covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Lennox International.

Ansys has an analyst consensus of Moderate Buy, with a price target consensus of $305.10, a 7.4% upside from current levels. In a report issued on November 2, Robert W. Baird also maintained a Buy rating on the stock with a $340.00 price target.

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

Akamai (AKAM)

J.P. Morgan analyst Mark Murphy maintained a Sell rating on Akamai today and set a price target of $78.00. The company’s shares closed last Tuesday at $108.86, close to its 52-week high of $111.32.

According to TipRanks.com, Murphy is a 5-star analyst with an average return of 10.2% and a 58.4% success rate. Murphy covers the Technology sector, focusing on stocks such as Zoom Video Communications, Ceridian HCM Holding, and SEMrush Holdings.

Akamai has an analyst consensus of Moderate Buy, with a price target consensus of $115.71.

Upstart Holdings (UPST)

In a report released today, David Chiaverini from Wedbush maintained a Sell rating on Upstart Holdings, with a price target of $10.00. The company’s shares closed last Tuesday at $29.41.

According to TipRanks.com, Chiaverini has 0 stars on 0-5 stars ranking scale with an average return of -7.0% and a 34.3% success rate. Chiaverini covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, First Citizens BancShares, and Texas Capital Bancshares.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Upstart Holdings with a $22.67 average price target, implying a -22.8% downside from current levels. In a report released today, J.P. Morgan also maintained a Sell rating on the stock with a $26.00 price target.

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