There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Roper Technologies (ROP – Research Report), PTC (PTC – Research Report) and HubSpot (HUBS – Research Report) with bullish sentiments.
Roper Technologies (ROP)
In a report released yesterday, Deane Dray from RBC Capital maintained a Buy rating on Roper Technologies, with a price target of $622.00. The company’s shares closed last Wednesday at $537.00.
According to TipRanks.com, Dray is a 5-star analyst with an average return of
Roper Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $587.56, which is an 11.4% upside from current levels. In a report issued on January 22, Wells Fargo also maintained a Buy rating on the stock with a $615.00 price target.
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PTC (PTC)
RBC Capital analyst Matthew Hedberg maintained a Buy rating on PTC yesterday and set a price target of $202.00. The company’s shares closed last Wednesday at $180.65, close to its 52-week high of $185.08.
According to TipRanks.com, Hedberg is a 5-star analyst with an average return of
PTC has an analyst consensus of Strong Buy, with a price target consensus of $196.86, representing a 7.6% upside. In a report issued on January 23, BMO Capital also maintained a Buy rating on the stock with a $195.00 price target.
HubSpot (HUBS)
In a report released yesterday, Rishi Jaluria from RBC Capital maintained a Buy rating on HubSpot, with a price target of $625.00. The company’s shares closed last Wednesday at $611.00, close to its 52-week high of $635.74.
According to TipRanks.com, Jaluria is a 4-star analyst with an average return of
Currently, the analyst consensus on HubSpot is a Strong Buy with an average price target of $608.05, implying a -1.0% downside from current levels. In a report issued on January 23, Oppenheimer also maintained a Buy rating on the stock with a $650.00 price target.
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Read More on ROP:
- Roper Technologies announces 2023 financial results
- Roper Technologies sees Q1 adjusted EPS $4.30-$4.34, consensus $4.32
- Roper Technologies sees FY24 adjusted EPS $17.85-$18.15, consensus $18.33
- Roper Technologies reports Q4 adjusted EPS $4.37, consensus $4.34
- ROP Earnings this Week: How Will it Perform?
