Analysts Conflicted on These Technology Names: NEXTracker, Inc. Class A (NXT), Avnet (AVT) and Jack Henry & Associates (JKHY)

Analysts have been eager to weigh in on the Technology sector with new ratings on NEXTracker, Inc. Class A (NXT – Research Report), Avnet (AVT – Research Report) and Jack Henry & Associates (JKHY – Research Report).

NEXTracker, Inc. Class A (NXT)

Goldman Sachs analyst Brian K. Lee reiterated a Buy rating on NEXTracker, Inc. Class A today and set a price target of $70.00. The company’s shares closed last Wednesday at $45.27.

According to TipRanks.com, Lee is a 4-star analyst with an average return of 3.7% and a 46.9% success rate. Lee covers the Technology sector, focusing on stocks such as Sunnova Energy International, Shoals Technologies Group, and Maxeon Solar Technologies.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for NEXTracker, Inc. Class A with a $59.73 average price target, implying a 30.4% upside from current levels. In a report issued on January 22, Barclays also maintained a Buy rating on the stock with a $51.00 price target.

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Avnet (AVT)

Goldman Sachs analyst Toshiya Hari maintained a Sell rating on Avnet yesterday and set a price target of $42.00. The company’s shares closed last Wednesday at $45.30.

According to TipRanks.com, Hari is a top 100 analyst with an average return of 21.1% and a 67.4% success rate. Hari covers the Technology sector, focusing on stocks such as Credo Technology Group Holding Ltd, Advanced Micro Devices, and ARM Holdings PLC ADR.

Avnet has an analyst consensus of Moderate Sell, with a price target consensus of $43.33.

Jack Henry & Associates (JKHY)

Goldman Sachs analyst Will Nance maintained a Sell rating on Jack Henry & Associates on January 29 and set a price target of $157.00. The company’s shares closed last Wednesday at $165.83.

According to TipRanks.com, Nance has 0 stars on 0-5 stars ranking scale with an average return of -11.1% and a 41.5% success rate. Nance covers the Technology sector, focusing on stocks such as Paymentus Holdings, Bill.com Holdings, and Robinhood Markets.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Jack Henry & Associates with a $174.78 average price target.

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