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Analysts’ Top Technology Picks: Par Technology (PAR), Ceva (CEVA)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Par Technology (PARResearch Report), Ceva (CEVAResearch Report) and Benchmark Electronics (BHEResearch Report) with bullish sentiments.

Par Technology (PAR)

Lake Street analyst Eric Martinuzzi initiated coverage with a Buy rating on Par Technology today and set a price target of $48.00. The company’s shares closed last Tuesday at $40.90.

According to TipRanks.com, Martinuzzi is a 4-star analyst with an average return of 3.8% and a 42.0% success rate. Martinuzzi covers the Technology sector, focusing on stocks such as CommVault Systems, Extreme Networks, and Pure Storage.

Par Technology has an analyst consensus of Moderate Buy, with a price target consensus of $54.40, implying a 34.3% upside from current levels. In a report issued on March 12, Sidoti also upgraded the stock to Buy with a $61.00 price target.

See the top stocks recommended by analysts >>

Ceva (CEVA)

In a report released today, Gus Richard from Northland Securities maintained a Buy rating on Ceva, with a price target of $31.00. The company’s shares closed last Tuesday at $22.38.

According to TipRanks.com, Richard is a top 100 analyst with an average return of 20.6% and a 59.0% success rate. Richard covers the Technology sector, focusing on stocks such as Advanced Micro Devices, SolarEdge Technologies, and Navitas Semiconductor.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ceva with a $28.40 average price target.

Benchmark Electronics (BHE)

Lake Street analyst Jaeson Schmidt reiterated a Buy rating on Benchmark Electronics today and set a price target of $31.00. The company’s shares closed last Tuesday at $29.22.

According to TipRanks.com, Schmidt is a 4-star analyst with an average return of 8.4% and a 48.7% success rate. Schmidt covers the Technology sector, focusing on stocks such as Lightpath Technologies, BlackSky Technology, and SoundThinking Inc.

Benchmark Electronics has an analyst consensus of Moderate Buy, with a price target consensus of $31.00.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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Analysts’ Opinions Are Mixed on These Technology Stocks: Ceva (CEVA), NetApp (NTAP) and Squarespace (SQSP)

Analysts have been eager to weigh in on the Technology sector with new ratings on Ceva (CEVAResearch Report), NetApp (NTAPResearch Report) and Squarespace (SQSPResearch Report).

Ceva (CEVA)

Northland Securities analyst Gus Richard maintained a Buy rating on Ceva today and set a price target of $31.00. The company’s shares closed last Thursday at $22.64.

According to TipRanks.com, Richard is a top 100 analyst with an average return of 21.2% and a 61.1% success rate. Richard covers the Technology sector, focusing on stocks such as Advanced Micro Devices, SolarEdge Technologies, and Navitas Semiconductor.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ceva with a $28.40 average price target, which is a 25.7% upside from current levels. In a report issued on February 15, Oppenheimer also maintained a Buy rating on the stock with a $29.00 price target.

See today’s best-performing stocks on TipRanks >>

NetApp (NTAP)

In a report released today, Nehal Chokshi from Northland Securities maintained a Hold rating on NetApp, with a price target of $102.00. The company’s shares closed last Thursday at $89.12, close to its 52-week high of $91.78.

According to TipRanks.com, Chokshi is a top 100 analyst with an average return of 27.2% and a 61.5% success rate. Chokshi covers the Technology sector, focusing on stocks such as CSG Systems International, Super Micro Computer, and Palo Alto Networks.

NetApp has an analyst consensus of Hold, with a price target consensus of $98.83, implying a 10.2% upside from current levels. In a report issued on February 22, UBS also maintained a Hold rating on the stock with a $93.00 price target.

Squarespace (SQSP)

In a report released today, Gabriela Borges from Goldman Sachs maintained a Hold rating on Squarespace, with a price target of $34.00. The company’s shares closed last Thursday at $33.28, close to its 52-week high of $34.62.

According to TipRanks.com, Borges is a 4-star analyst with an average return of 7.9% and a 63.4% success rate. Borges covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Clearwater Analytics Holdings, and Klaviyo, Inc. Class A.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Squarespace with a $38.09 average price target, which is a 13.2% upside from current levels. In a report issued on February 28, RBC Capital also maintained a Hold rating on the stock with a $35.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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