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Analysts Are Bullish on Top Technology Stocks: I3 Verticals (IIIV), The Descartes Systems Group (DSGX)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on I3 Verticals (IIIVResearch Report) and The Descartes Systems Group (DSGXResearch Report) with bullish sentiments.

I3 Verticals (IIIV)

In a report released today, Mark Palmer from Benchmark Co. maintained a Buy rating on I3 Verticals, with a price target of $28.00. The company’s shares closed last Thursday at $22.89.

Palmer has an average return of 10.2% when recommending I3 Verticals.

According to TipRanks.com, Palmer is ranked #1411 out of 8778 analysts.

I3 Verticals has an analyst consensus of Moderate Buy, with a price target consensus of $24.60.

See today’s best-performing stocks on TipRanks >>

The Descartes Systems Group (DSGX)

In a report released today, Kevin Krishnaratne from Scotiabank maintained a Buy rating on The Descartes Systems Group, with a price target of $100.00. The company’s shares closed last Thursday at $91.53, close to its 52-week high of $94.54.

According to TipRanks.com, Krishnaratne is a 4-star analyst with an average return of 8.2% and a 57.3% success rate. Krishnaratne covers the Technology sector, focusing on stocks such as Nuvei Corp, Open Text, and Shopify.

Currently, the analyst consensus on The Descartes Systems Group is a Moderate Buy with an average price target of $96.83, implying a 5.0% upside from current levels. In a report released today, William Blair also maintained a Buy rating on the stock.

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