There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Procore Technologies (PCOR – Research Report), Tyler Technologies (TYL – Research Report) and Backblaze (BLZE – Research Report) with bullish sentiments.
Procore Technologies (PCOR)
JMP Securities analyst Aaron Kimson maintained a Buy rating on Procore Technologies today and set a price target of $93.00. The company’s shares closed last Thursday at $74.59, close to its 52-week high of $76.86.
According to TipRanks.com, Kimson is a 3-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Procore Technologies with a $80.90 average price target, implying an 8.7% upside from current levels. In a report issued on February 9, KeyBanc also maintained a Buy rating on the stock with a $85.00 price target.
See the top stocks recommended by analysts >>
Tyler Technologies (TYL)
JMP Securities analyst Trevor J. Walsh reiterated a Buy rating on Tyler Technologies today and set a price target of $490.00. The company’s shares closed last Thursday at $441.11, close to its 52-week high of $454.74.
According to TipRanks.com, Walsh is a 5-star analyst with an average return of
Tyler Technologies has an analyst consensus of Strong Buy, with a price target consensus of $480.70, which is a 13.6% upside from current levels. In a report issued on February 7, Robert W. Baird also maintained a Buy rating on the stock with a $486.00 price target.
Backblaze (BLZE)
In a report released today, Erik Suppiger from JMP Securities maintained a Buy rating on Backblaze, with a price target of $18.00. The company’s shares closed last Thursday at $8.15.
According to TipRanks.com, Suppiger is a 5-star analyst with an average return of
Backblaze has an analyst consensus of Strong Buy, with a price target consensus of $13.00, implying a 55.1% upside from current levels. In a report issued on February 9, B.Riley Financial also maintained a Buy rating on the stock with a $11.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on PCOR:
