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Analysts Are Bullish on Top Technology Stocks: AppFolio (APPF), Western Digital (WDC)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on AppFolio (APPFResearch Report), Western Digital (WDCResearch Report) and SS&C Technologies Holdings (SSNCResearch Report) with bullish sentiments.

AppFolio (APPF)

In a report released today, Gil Luria from D.A. Davidson reiterated a Buy rating on AppFolio, with a price target of $250.00. The company’s shares closed last Thursday at $174.38.

According to TipRanks.com, Luria is a 5-star analyst with an average return of 16.7% and a 68.5% success rate. Luria covers the Technology sector, focusing on stocks such as SoundHound AI, Inc Class A, ZoomInfo Technologies, and Palantir Technologies.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for AppFolio with a $219.50 average price target, implying a 22.5% upside from current levels. In a report issued on January 18, BTIG also initiated coverage with a Buy rating on the stock with a $215.00 price target.

See the top stocks recommended by analysts >>

Western Digital (WDC)

In a report released today, Matt Bryson from Wedbush maintained a Buy rating on Western Digital, with a price target of $70.00. The company’s shares closed last Thursday at $60.33, close to its 52-week high of $60.55.

According to TipRanks.com, Bryson is a 5-star analyst with an average return of 30.9% and a 72.9% success rate. Bryson covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Super Micro Computer, and Diebold Nixdorf Inc.

Western Digital has an analyst consensus of Strong Buy, with a price target consensus of $64.94, representing a 10.1% upside. In a report issued on January 22, Cantor Fitzgerald also initiated coverage with a Buy rating on the stock with a $70.00 price target.

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 $76.00. The company’s shares closed last Thursday at $61.13.

According to TipRanks.com, Heckmann is a 4-star analyst with an average return of 5.5% and a 56.4% success rate. Heckmann covers the Technology sector, focusing on stocks such as Broadridge Financial Solutions, Clearwater Analytics Holdings, and Jack Henry & Associates.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for SS&C Technologies Holdings with a $66.80 average price target.

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