Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Edgio (EGIO – Research Report), Elastic (ESTC – Research Report) and ACI Worldwide (ACIW – Research Report).
Edgio (EGIO)
In a report released today, Rudy Kessinger from D.A. Davidson maintained a Hold rating on Edgio, with a price target of $8.50. The company’s shares closed last Thursday at $0.22.
According to TipRanks.com, Kessinger is a 4-star analyst with an average return of
Currently, the analyst consensus on Edgio is a Moderate Buy with an average price target of $4.75.
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Elastic (ESTC)
Monness analyst Brian White maintained a Hold rating on Elastic today. The company’s shares closed last Thursday at $133.81.
According to TipRanks.com, White is a top 100 analyst with an average return of
Elastic has an analyst consensus of Moderate Buy, with a price target consensus of $133.61, representing a 3.6% upside. In a report issued on February 20, Barclays also maintained a Hold rating on the stock with a $130.00 price target.
ACI Worldwide (ACIW)
D.A. Davidson analyst Peter Heckmann maintained a Buy rating on ACI Worldwide today. The company’s shares closed last Thursday at $32.91.
According to TipRanks.com, Heckmann is a 5-star analyst with an average return of
Currently, the analyst consensus on ACI Worldwide is a Strong Buy with an average price target of $37.50, implying a 18.9% upside from current levels. In a report released yesterday, Canaccord Genuity also maintained a Buy rating on the stock with a $40.00 price target.
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