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Analysts Have Conflicting Sentiments on These Technology Companies: International Business Machines (IBM), IBEX (IBEX) and CommVault Systems (CVLT)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on International Business Machines (IBMResearch Report), IBEX (IBEXResearch Report) and CommVault Systems (CVLTResearch Report).

International Business Machines (IBM)

In a report released yesterday, Matthew Swanson from RBC Capital maintained a Buy rating on International Business Machines, with a price target of $200.00. The company’s shares closed last Wednesday at $168.26.

According to TipRanks.com, Swanson is a 1-star analyst with an average return of -2.8% and a 44.3% success rate. Swanson covers the Technology sector, focusing on stocks such as DoubleVerify Holdings, Trade Desk, and PubMatic.

International Business Machines has an analyst consensus of Hold, with a price target consensus of $183.21, a 9.1% upside from current levels. In a report issued on May 9, Evercore ISI also maintained a Buy rating on the stock with a $215.00 price target.

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IBEX (IBEX)

In a report released yesterday, Daniel Perlin from RBC Capital maintained a Hold rating on IBEX, with a price target of $18.00. The company’s shares closed last Wednesday at $15.01.

According to TipRanks.com, Perlin is a 2-star analyst with an average return of 0.1% and a 46.1% success rate. Perlin covers the Technology sector, focusing on stocks such as Broadridge Financial Solutions, SS&C Technologies Holdings, and TELUS International (CDA).

IBEX has an analyst consensus of Moderate Buy, with a price target consensus of $19.00.

CommVault Systems (CVLT)

In a report released today, Ike Boruchow from Wells Fargo maintained a Buy rating on CommVault Systems, with a price target of $140.00. The company’s shares closed last Wednesday at $112.37, close to its 52-week high of $112.62.

According to TipRanks.com, Boruchow ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -3.3% and a 44.3% success rate. Boruchow covers the NA sector, focusing on stocks such as Academy Sports and Outdoors, Dick’s Sporting Goods, and Lululemon Athletica.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CommVault Systems with a $94.60 average price target, which is a -13.7% downside from current levels. In a report issued on May 1, D.A. Davidson also maintained a Buy rating on the stock with a price target.

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