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Analysts Offer Insights on Technology Companies: CSG Systems International (CSGS), Dayforce Inc (DAY) and Wolfspeed (WOLF)

Analysts have been eager to weigh in on the Technology sector with new ratings on CSG Systems International (CSGSResearch Report), Dayforce Inc (DAYResearch Report) and Wolfspeed (WOLFResearch Report).

CSG Systems International (CSGS)

In a report released yesterday, Michael Berg from Wells Fargo maintained a Hold rating on CSG Systems International, with a price target of $48.00. The company’s shares closed last Wednesday at $45.82, close to its 52-week low of $45.27.

According to TipRanks.com, Berg is a 1-star analyst with an average return of -11.0% and a 18.8% success rate. Berg covers the Technology sector, focusing on stocks such as Everbridge, Smartsheet, and Monday.com.

Currently, the analyst consensus on CSG Systems International is a Strong Buy with an average price target of $67.17.

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Dayforce Inc (DAY)

In a report released yesterday, Michael Turrin from Wells Fargo maintained a Hold rating on Dayforce Inc, with a price target of $64.00. The company’s shares closed last Wednesday at $57.69, close to its 52-week low of $54.84.

According to TipRanks.com, Turrin has 0 stars on 0-5 stars ranking scale with an average return of -4.8% and a 44.6% success rate. Turrin covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, CSG Systems International, and Zoom Video Communications.

Dayforce Inc has an analyst consensus of Moderate Buy, with a price target consensus of $75.50, implying a 26.8% upside from current levels. In a report released today, Barclays also maintained a Hold rating on the stock with a $62.00 price target.

Wolfspeed (WOLF)

Bank of America Securities analyst Vivek Arya reiterated a Sell rating on Wolfspeed yesterday and set a price target of $25.00. The company’s shares closed last Wednesday at $26.11, close to its 52-week low of $21.85.

According to TipRanks.com, Arya is a top 25 analyst with an average return of 23.8% and a 66.8% success rate. Arya covers the Technology sector, focusing on stocks such as Advanced Micro Devices, ARM Holdings PLC ADR, and GlobalFoundries Inc.

The word on The Street in general, suggests a Hold analyst consensus rating for Wolfspeed with a $31.30 average price target.

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