There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Motorola Solutions (MSI – Research Report), Paylocity (PCTY – Research Report) and Digi International (DGII – Research Report) with bullish sentiments.
Motorola Solutions (MSI)
Jefferies analyst George Notter maintained a Buy rating on Motorola Solutions today and set a price target of $385.00. The company’s shares closed last Thursday at $336.24.
According to TipRanks.com, Notter is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Motorola Solutions with a $374.57 average price target, which is an 11.2% upside from current levels. In a report released today, J.P. Morgan also upgraded the stock to Buy with a $405.00 price target.
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Paylocity (PCTY)
Piper Sandler analyst Arvind Ramnani maintained a Buy rating on Paylocity today and set a price target of $194.00. The company’s shares closed last Thursday at $149.60, close to its 52-week low of $139.40.
According to TipRanks.com, Ramnani is a 1-star analyst with an average return of
Currently, the analyst consensus on Paylocity is a Moderate Buy with an average price target of $191.53, implying a 29.4% upside from current levels. In a report released today, JMP Securities also maintained a Buy rating on the stock with a $250.00 price target.
Digi International (DGII)
In a report released today, Harsh Kumar from Piper Sandler maintained a Buy rating on Digi International, with a price target of $35.00. The company’s shares closed last Thursday at $25.50.
According to TipRanks.com, Kumar is a top 25 analyst with an average return of
Currently, the analyst consensus on Digi International is a Strong Buy with an average price target of $40.00, which is a 30.4% upside from current levels. In a report released yesterday, Craig-Hallum also assigned a Buy rating to the stock.
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Read More on MSI:
- MSI Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Motorola Solutions price target raised to $400 from $360 at JPMorgan
- Tesla downgraded, Disney upgraded: Wall Street’s top analyst calls
- Motorola Solutions initiated with an Outperform at Evercore ISI
- Motorola Solutions deploys 4,000 VB400 body cameras to police forces in Austria
