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Analysts Are Bullish on These Technology Stocks: Ansys (ANSS), Spirit AeroSystems (SPR)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Ansys (ANSSResearch Report) and Spirit AeroSystems (SPRResearch Report) with bullish sentiments.

Ansys (ANSS)

In a report released yesterday, Kenneth Wong from Oppenheimer maintained a Buy rating on Ansys, with a price target of $325.00. The company’s shares closed last Friday at $285.48.

According to TipRanks.com, Wong is a 4-star analyst with an average return of 6.0% and a 50.0% success rate. Wong covers the Technology sector, focusing on stocks such as Procore Technologies, BigCommerce Holdings, and Altair Engineering.

The word on The Street in general, suggests a Hold analyst consensus rating for Ansys with a $316.88 average price target, a 10.5% upside from current levels. In a report issued on August 5, Credit Suisse also maintained a Buy rating on the stock with a $329.00 price target.

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Spirit AeroSystems (SPR)

In a report released yesterday, Cai von Rumohr from Cowen & Co. reiterated a Buy rating on Spirit AeroSystems, with a price target of $55.00. The company’s shares closed last Friday at $30.40, close to its 52-week low of $26.18.

According to TipRanks.com, Rumohr is a 4-star analyst with an average return of 3.8% and a 59.9% success rate. Rumohr covers the Technology sector, focusing on stocks such as Raytheon Technologies, Science Applications, and General Dynamics.

Spirit AeroSystems has an analyst consensus of Strong Buy, with a price target consensus of $50.36, a 67.9% upside from current levels. In a report issued on August 4, Susquehanna also maintained a Buy rating on the stock with a $41.00 price target.

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