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Analysts Offer Insights on Technology Companies: Power Integrations (POWI), Shopify (SHOP) and PROS Holdings (PRO)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Power Integrations (POWIResearch Report), Shopify (SHOPResearch Report) and PROS Holdings (PROResearch Report).

Power Integrations (POWI)

In a report released today, Christopher Rolland from Susquehanna reiterated a Buy rating on Power Integrations, with a price target of $95.00. The company’s shares closed last Tuesday at $70.17.

According to TipRanks.com, Rolland is a top 25 analyst with an average return of 25.5% and a 67.9% success rate. Rolland covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Lattice Semiconductor, and Skyworks Solutions.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Power Integrations with a $86.40 average price target.

See the top stocks recommended by analysts >>

Shopify (SHOP)

Jefferies analyst Samad Samana maintained a Hold rating on Shopify today and set a price target of $80.00. The company’s shares closed last Tuesday at $77.05.

According to TipRanks.com, Samana is a 4-star analyst with an average return of 3.9% and a 47.4% success rate. Samana covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Zoom Video Communications, and BigCommerce Holdings.

Shopify has an analyst consensus of Moderate Buy, with a price target consensus of $84.18, a 10.0% upside from current levels. In a report issued on May 2, Scotiabank also maintained a Hold rating on the stock with a $80.00 price target.

PROS Holdings (PRO)

In a report released today, Nehal Chokshi from Northland Securities reiterated a Buy rating on PROS Holdings, with a price target of $40.00. The company’s shares closed last Tuesday at $32.97.

According to TipRanks.com, Chokshi is a top 100 analyst with an average return of 26.6% and a 60.9% success rate. Chokshi covers the Technology sector, focusing on stocks such as Super Micro Computer, Palo Alto Networks, and SPS Commerce.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for PROS Holdings with a $41.17 average price target, implying a 25.5% upside from current levels. In a report released today, KeyBanc also maintained a Buy rating on the stock.

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