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Analysts Offer Insights on Technology Companies: IMPINJ (PI), Paycor HCM (PYCR) and Tyler Technologies (TYL)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on IMPINJ (PIResearch Report), Paycor HCM (PYCRResearch Report) and Tyler Technologies (TYLResearch Report) with bullish sentiments.

IMPINJ (PI)

In a report released today, James Ricchiuti from Needham reiterated a Buy rating on IMPINJ, with a price target of $160.00. The company’s shares closed last Wednesday at $120.91.

According to TipRanks.com, Ricchiuti is a 5-star analyst with an average return of 15.8% and a 56.3% success rate. Ricchiuti covers the Technology sector, focusing on stocks such as Benchmark Electronics, Teledyne Technologies, and Faro Technologies.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for IMPINJ with a $142.38 average price target, a 14.8% upside from current levels. In a report issued on April 15, Evercore ISI also initiated coverage with a Buy rating on the stock with a $160.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Paycor HCM (PYCR)

Needham analyst Scott Berg maintained a Buy rating on Paycor HCM today and set a price target of $42.00. The company’s shares closed last Wednesday at $17.45, close to its 52-week low of $16.56.

According to TipRanks.com, Berg is ranked 0 out of 5 stars with an average return of -5.4% and a 39.9% success rate. Berg covers the Technology sector, focusing on stocks such as Klaviyo, Inc. Class A, BigCommerce Holdings, and Bill.com Holdings.

Currently, the analyst consensus on Paycor HCM is a Moderate Buy with an average price target of $26.80.

Tyler Technologies (TYL)

In a report released today, Joshua Reilly from Needham maintained a Buy rating on Tyler Technologies, with a price target of $500.00. The company’s shares closed last Wednesday at $419.00.

According to TipRanks.com, Reilly is a 3-star analyst with an average return of 2.0% and a 42.6% success rate. Reilly covers the Technology sector, focusing on stocks such as ZoomInfo Technologies, Verint Systems, and Jamf Holding.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Tyler Technologies with a $489.83 average price target, implying a 16.8% upside from current levels. In a report issued on April 12, Wells Fargo also maintained a Buy rating on the stock with a $480.00 price target.

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