Analysts have been eager to weigh in on the Technology sector with new ratings on Agilysys (AGYS – Research Report) and Rapid7 (RPD – Research Report).
Agilysys (AGYS)
In a report issued on December 28, Matthew VanVliet from BTIG maintained a Buy rating on Agilysys, with a price target of $95.00. The company’s shares closed last Friday at $84.82.
According to TipRanks.com, VanVliet ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
Currently, the analyst consensus on Agilysys is a Strong Buy with an average price target of $93.40, which is an 8.1% upside from current levels. In a report issued on December 14, Needham also reiterated a Buy rating on the stock with a $92.00 price target.
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Rapid7 (RPD)
In a report issued on December 28, Gray Powell from BTIG maintained a Hold rating on Rapid7. The company’s shares closed last Friday at $57.10, close to its 52-week high of $60.15.
According to TipRanks.com, Powell is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Rapid7 with a $56.58 average price target, which is a -2.4% downside from current levels. In a report issued on December 15, Susquehanna also initiated coverage with a Hold rating on the stock with a $55.00 price target.
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