There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Informatica (INFA – Research Report) and Accenture (ACN – Research Report) with bullish sentiments.
Informatica (INFA)
RBC Capital analyst Matthew Hedberg maintained a Buy rating on Informatica on February 15 and set a price target of $41.00. The company’s shares closed last Friday at $34.09, close to its 52-week high of $36.00.
According to TipRanks.com, Hedberg 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 Informatica with a $38.00 average price target, implying a 9.1% upside from current levels. In a report issued on February 15, Goldman Sachs also upgraded the stock to Buy with a $44.00 price target.
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Accenture (ACN)
RBC Capital analyst Daniel Perlin maintained a Buy rating on Accenture on February 16 and set a price target of $374.00. The company’s shares closed last Friday at $369.48, close to its 52-week high of $375.73.
According to TipRanks.com, Perlin is a 4-star analyst with an average return of
Currently, the analyst consensus on Accenture is a Moderate Buy with an average price target of $378.12.
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