There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Paylocity (PCTY – Research Report), Onto Innovation (ONTO – Research Report) and Synaptics (SYNA – Research Report) with bullish sentiments.
Paylocity (PCTY)
Needham analyst Scott Berg maintained a Buy rating on Paylocity today and set a price target of $200.00. The company’s shares closed last Thursday at $171.91.
According to TipRanks.com, Berg is a 2-star analyst with an average return of
Currently, the analyst consensus on Paylocity is a Moderate Buy with an average price target of $192.33, which is a 14.9% upside from current levels. In a report issued on February 5, BTIG also initiated coverage with a Buy rating on the stock with a $200.00 price target.
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Onto Innovation (ONTO)
In a report released today, Mark Miller from Benchmark Co. maintained a Buy rating on Onto Innovation, with a price target of $180.00. The company’s shares closed last Thursday at $164.76, close to its 52-week high of $172.36.
According to TipRanks.com, Miller is a top 100 analyst with an average return of
Onto Innovation has an analyst consensus of Strong Buy, with a price target consensus of $171.67.
Synaptics (SYNA)
In a report released today, Quinn Bolton from Needham maintained a Buy rating on Synaptics, with a price target of $125.00. The company’s shares closed last Thursday at $110.22.
According to TipRanks.com, Bolton is a top 25 analyst with an average return of
Synaptics has an analyst consensus of Strong Buy, with a price target consensus of $124.57, which is a 15.1% upside from current levels. In a report released yesterday, TD Cowen also maintained a Buy rating on the stock with a $135.00 price target.
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