Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Paylocity (PCTY – Research Report), Verisign (VRSN – Research Report) and Cloudflare (NET – Research Report).
Paylocity (PCTY)
In a report released yesterday, Steve Enders from Citi assigned a Hold rating to Paylocity, with a price target of $174.00. The company’s shares closed last Thursday at $171.91.
According to TipRanks.com, Enders is ranked 0 out of 5 stars with an average return of
Paylocity has an analyst consensus of Moderate Buy, with a price target consensus of $192.38, a 15.0% upside from current levels. In a report released yesterday, Jefferies also maintained a Hold rating on the stock with a $180.00 price target.
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Verisign (VRSN)
The company’s shares closed last Thursday at $201.02.
According to TipRanks.com, Arounian is a 4-star analyst with an average return of
Verisign has an analyst consensus of Moderate Buy, with a price target consensus of $237.00.
Cloudflare (NET)
According to TipRanks.com, Boolani is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cloudflare with a $89.00 average price target, representing a 6.3% upside. In a report released yesterday, Jefferies also maintained a Hold rating on the stock with a $110.00 price target.
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