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Analysts Are Bullish on These Technology Stocks: Adyen (ADYYF), Thoughtworks Holding (TWKS)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Adyen (ADYYFResearch Report) and Thoughtworks Holding (TWKSResearch Report) with bullish sentiments.

Adyen (ADYYF)

In a report released today, Justin Forsythe from UBS maintained a Buy rating on Adyen, with a price target of EUR1700.00. The company’s shares closed last Friday at $1481.41.

Forsythe has an average return of 16.2% when recommending Adyen.

According to TipRanks.com, Forsythe is ranked #2174 out of 8786 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Adyen with a $1833.08 average price target, implying a 23.4% upside from current levels. In a report issued on April 15, Citi also maintained a Buy rating on the stock with a EUR1800.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Thoughtworks Holding (TWKS)

Robert W. Baird analyst David Koning assigned a Buy rating to Thoughtworks Holding on April 17 and set a price target of $5.00. The company’s shares closed last Friday at $2.32, close to its 52-week low of $2.19.

According to TipRanks.com, Koning is a 4-star analyst with an average return of 3.3% and a 55.7% success rate. Koning covers the Technology sector, focusing on stocks such as TELUS International (CDA), Jack Henry & Associates, and Fidelity National Info.

Currently, the analyst consensus on Thoughtworks Holding is a Hold with an average price target of $4.21.

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