Analysts Offer Insights on Technology Companies: Sunrun (RUN), Five9 (FIVN) and Ansys (ANSS)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Sunrun (RUN – Research Report), Five9 (FIVN – Research Report) and Ansys (ANSS – Research Report).

Sunrun (RUN)

KeyBanc analyst Sophie Karp maintained a Buy rating on Sunrun today. The company’s shares closed last Wednesday at $15.58.

According to TipRanks.com, Karp is a 4-star analyst with an average return of 3.5% and a 50.2% success rate. Karp covers the Utilities sector, focusing on stocks such as Consolidated Edison, Centerpoint Energy, and Eversource Energy.

Currently, the analyst consensus on Sunrun is a Strong Buy with an average price target of $23.44, a 53.0% upside from current levels. In a report issued on February 12, Guggenheim also maintained a Buy rating on the stock with a $33.00 price target.

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Five9 (FIVN)

KeyBanc analyst Thomas Blakey reiterated a Buy rating on Five9 today. The company’s shares closed last Wednesday at $71.05.

According to TipRanks.com, Blakey is a 4-star analyst with an average return of 6.3% and a 52.8% success rate. Blakey covers the Technology sector, focusing on stocks such as CommVault Systems, Juniper Networks, and Arista Networks.

Currently, the analyst consensus on Five9 is a Strong Buy with an average price target of $90.40, a 29.1% upside from current levels. In a report issued on February 15, Needham also reiterated a Buy rating on the stock with a $90.00 price target.

Ansys (ANSS)

KeyBanc analyst Jason Celino maintained a Hold rating on Ansys today. The company’s shares closed last Wednesday at $328.63.

According to TipRanks.com, Celino is a 5-star analyst with an average return of 10.2% and a 59.7% success rate. Celino covers the Technology sector, focusing on stocks such as Aspen Technology, Inc., Procore Technologies, and Instructure Holdings.

Currently, the analyst consensus on Ansys is a Hold with an average price target of $339.75, implying a 3.5% upside from current levels. In a report released today, William Blair also maintained a Hold rating on the stock.

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Read More on RUN:

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• Sunrun Reports Fourth Quarter and Full Year 2023 Financial Results
• Options Volatility and Implied Earnings Moves Today, February 21, 2024
• RUN Earnings Report this Week: Is It a Buy, Ahead of Earnings?