There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Paycor HCM (PYCR – Research Report) and Monolithic Power (MPWR – Research Report) with bullish sentiments.
Paycor HCM (PYCR)
Needham analyst Scott Berg maintained a Buy rating on Paycor HCM today and set a price target of $42.00. The company’s shares closed last Wednesday at $19.59.
According to TipRanks.com, Berg is a 2-star analyst with an average return of
Currently, the analyst consensus on Paycor HCM is a Moderate Buy with an average price target of $28.63, representing a 43.3% upside. 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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Monolithic Power (MPWR)
Needham analyst Quinn Bolton maintained a Buy rating on Monolithic Power today and set a price target of $800.00. The company’s shares closed last Wednesday at $645.41, close to its 52-week high of $655.88.
According to TipRanks.com, Bolton is a top 25 analyst with an average return of
Monolithic Power has an analyst consensus of Strong Buy, with a price target consensus of $739.67, a 15.3% upside from current levels. In a report issued on February 5, Rosenblatt Securities also maintained a Buy rating on the stock with a $750.00 price target.
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