Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Synopsys (SNPS – Research Report), Alight (ALIT – Research Report) and Vasta Platform (VSTA – Research Report).
Synopsys (SNPS)
In a report released yesterday, Vivek Arya from Bank of America Securities maintained a Buy rating on Synopsys, with a price target of $650.00. The company’s shares closed last Wednesday at $589.78, close to its 52-week high of $629.38.
According to TipRanks.com, Arya is a top 25 analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Synopsys with a $630.00 average price target, which is a 6.3% upside from current levels. In a report issued on March 11, Wells Fargo also maintained a Buy rating on the stock with a $630.00 price target.
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Alight (ALIT)
Bank of America Securities analyst Heather Balsky maintained a Buy rating on Alight yesterday and set a price target of $12.00. The company’s shares closed last Wednesday at $10.08, close to its 52-week high of $10.10.
According to TipRanks.com, Balsky is ranked #3702 out of 8761 analysts.
Currently, the analyst consensus on Alight is a Strong Buy with an average price target of $12.71, implying a 37.4% upside from current levels. In a report released yesterday, UBS also maintained a Buy rating on the stock with a $13.00 price target.
Vasta Platform (VSTA)
Bank of America Securities analyst Fred Mendes reiterated a Sell rating on Vasta Platform yesterday and set a price target of $4.00. The company’s shares closed last Wednesday at $3.87.
According to TipRanks.com, Mendes is ranked #511 out of 8761 analysts.
Currently, the analyst consensus on Vasta Platform is a Moderate Sell with an average price target of $4.00.
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