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Analysts Offer Insights on Technology Companies: TELUS International (CDA) (TIXT), SPS Commerce (SPSC) and Leidos Holdings (LDOS)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on TELUS International (CDA) (TIXTResearch Report), SPS Commerce (SPSCResearch Report) and Leidos Holdings (LDOSResearch Report).

TELUS International (CDA) (TIXT)

Robert W. Baird analyst David Koning maintained a Hold rating on TELUS International (CDA) on May 9 and set a price target of $8.00. The company’s shares closed last Monday at $6.47, close to its 52-week low of $6.03.

According to TipRanks.com, Koning is a 4-star analyst with an average return of 3.4% and a 56.2% success rate. Koning covers the Technology sector, focusing on stocks such as Jack Henry & Associates, Fidelity National Info, and Thoughtworks Holding.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TELUS International (CDA) with a $10.46 average price target, which is a 64.2% upside from current levels. In a report issued on April 26, Barclays also maintained a Hold rating on the stock with a $9.00 price target.

See the top stocks recommended by analysts >>

SPS Commerce (SPSC)

Robert W. Baird analyst Joseph Vruwink maintained a Hold rating on SPS Commerce on May 9 and set a price target of $178.00. The company’s shares closed last Monday at $192.60.

According to TipRanks.com, Vruwink is a 5-star analyst with an average return of 8.6% and a 60.9% success rate. Vruwink covers the Technology sector, focusing on stocks such as Instructure Holdings, Manhattan Associates, and Roper Technologies.

SPS Commerce has an analyst consensus of Strong Buy, with a price target consensus of $206.25, a 6.1% upside from current levels. In a report issued on April 26, William Blair also maintained a Hold rating on the stock.

Leidos Holdings (LDOS)

In a report issued on May 10, Peter Arment from Robert W. Baird maintained a Buy rating on Leidos Holdings, with a price target of $180.00. The company’s shares closed last Monday at $146.09, close to its 52-week high of $147.80.

According to TipRanks.com, Arment is a 5-star analyst with an average return of 12.4% and a 65.3% success rate. Arment covers the Industrial Goods sector, focusing on stocks such as Honeywell International, Raytheon Technologies, and L3Harris Technologies.

Leidos Holdings has an analyst consensus of Strong Buy, with a price target consensus of $153.08, representing a 3.7% upside. In a report issued on April 30, Goldman Sachs also maintained a Buy rating on the stock with a $171.00 price target.

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