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Analysts Offer Insights on Technology Companies: CyberArk Software (CYBR), Roper Technologies (ROP) and Qorvo (QRVO)

Analysts have been eager to weigh in on the Technology sector with new ratings on CyberArk Software (CYBRResearch Report), Roper Technologies (ROPResearch Report) and Qorvo (QRVOResearch Report).

CyberArk Software (CYBR)

Robert W. Baird analyst Shrenik Kothari maintained a Buy rating on CyberArk Software yesterday and set a price target of $275.00. The company’s shares closed last Wednesday at $233.48, close to its 52-week high of $241.36.

According to TipRanks.com, Kothari is a top 100 analyst with an average return of 40.1% and a 93.1% success rate. Kothari covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and Varonis Systems.

CyberArk Software has an analyst consensus of Strong Buy, with a price target consensus of $249.25, a 5.7% upside from current levels. In a report issued on January 16, Truist Financial also maintained a Buy rating on the stock with a $250.00 price target.

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

Roper Technologies (ROP)

Jefferies analyst Brent Thill maintained a Buy rating on Roper Technologies today and set a price target of $625.00. The company’s shares closed last Wednesday at $537.00.

According to TipRanks.com, Thill is a 1-star analyst with an average return of -2.0% and a 47.5% success rate. Thill covers the Technology sector, focusing on stocks such as International Business Machines, Palantir Technologies, and Instructure Holdings.

Roper Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $580.89, representing a 10.1% upside. In a report issued on January 22, Wells Fargo also maintained a Buy rating on the stock with a $615.00 price target.

Qorvo (QRVO)

In a report released yesterday, Vivek Arya from Bank of America Securities reiterated a Sell rating on Qorvo, with a price target of $110.00. The company’s shares closed last Wednesday at $99.74.

According to TipRanks.com, Arya is a top 25 analyst with an average return of 22.6% and a 68.4% success rate. Arya covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Advanced Micro Devices.

Qorvo has an analyst consensus of Hold, with a price target consensus of $111.58.

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