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Analysts Offer Insights on Technology Companies: Progress Software (PRGS) and Pagaya Technologies Ltd (PGY)

Analysts have been eager to weigh in on the Technology sector with new ratings on Progress Software (PRGSResearch Report) and Pagaya Technologies Ltd (PGYResearch Report).

Progress Software (PRGS)

Jefferies analyst Brent Thill maintained a Hold rating on Progress Software on January 17 and set a price target of $60.00. The company’s shares closed last Monday at $59.14.

According to TipRanks.com, Thill is a 1-star analyst with an average return of -2.6% and a 46.6% success rate. Thill covers the Technology sector, focusing on stocks such as International Business Machines, Palantir Technologies, and Procore Technologies.

Currently, the analyst consensus on Progress Software is a Hold with an average price target of $60.00.

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

Pagaya Technologies Ltd (PGY)

In a report issued on January 17, David Scharf from JMP Securities maintained a Buy rating on Pagaya Technologies Ltd, with a price target of $2.25. The company’s shares closed last Monday at $1.12, close to its 52-week low of $0.78.

According to TipRanks.com, Scharf is a 5-star analyst with an average return of 10.2% and a 52.0% success rate. Scharf covers the Financial sector, focusing on stocks such as Bread Financial Holdings, Enova International, and Synchrony Financial.

Currently, the analyst consensus on Pagaya Technologies Ltd is a Strong Buy with an average price target of $3.25.

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