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Analysts Offer Insights on Technology Companies: Paycor HCM (PYCR), Model N (MODN) and Aviat Networks (AVNW)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Paycor HCM (PYCRResearch Report), Model N (MODNResearch Report) and Aviat Networks (AVNWResearch Report).

Paycor HCM (PYCR)

JMP Securities analyst Patrick Walravens maintained a Buy rating on Paycor HCM today and set a price target of $32.00. The company’s shares closed last Tuesday at $20.00.

According to TipRanks.com, Walravens is ranked 0 out of 5 stars with an average return of -8.8% and a 40.0% success rate. Walravens covers the Technology sector, focusing on stocks such as Zoom Video Communications, Jamf Holding, and Similarweb.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Paycor HCM with a $27.08 average price target, a 37.0% upside from current levels. In a report issued on February 5, BTIG also initiated coverage with a Buy rating on the stock with a $26.00 price target.

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Model N (MODN)

JMP Securities analyst Aaron Kimson downgraded Model N to Hold today. The company’s shares closed last Tuesday at $26.96.

According to TipRanks.com, Kimson is a 3-star analyst with an average return of 22.1% and a 83.3% success rate. Kimson covers the Technology sector, focusing on stocks such as Procore Technologies, Guidewire, and Expensify.

Currently, the analyst consensus on Model N is a Moderate Buy with an average price target of $28.83, implying a 5.6% upside from current levels. In a report released yesterday, Jefferies also maintained a Hold rating on the stock with a $25.00 price target.

Aviat Networks (AVNW)

JMP Securities analyst Erik Suppiger reiterated a Buy rating on Aviat Networks today and set a price target of $50.00. The company’s shares closed last Tuesday at $30.08.

According to TipRanks.com, Suppiger is a 5-star analyst with an average return of 18.9% and a 57.5% success rate. Suppiger covers the Technology sector, focusing on stocks such as Cambium Networks, Arista Networks, and Cisco Systems.

Currently, the analyst consensus on Aviat Networks is a Strong Buy with an average price target of $55.00, an 83.2% upside from current levels. In a report released yesterday, Lake Street also assigned a Buy rating to the stock with a $51.00 price target.

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