Analysts Offer Insights on Technology Companies: DocuSign (DOCU), Adyen (OtherADYYF) and Intel (INTC)
Analysts have been eager to weigh in on the Technology sector with new ratings on DocuSign (DOCU – Research Report), Adyen (ADYYF – Research Report) and Intel (INTC – Research Report).
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DocuSign (DOCU)
In a report released yesterday, Michael Turrin from Wells Fargo maintained a Sell rating on DocuSign, with a price target of $73.00. The company's shares closed last Wednesday at $76.39.
According to TipRanks.com, Turrin is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -4.3% and a 41.1% success rate. Turrin covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, ServiceTitan, Inc. Class A, and Zoom Video Communications. ;'>
The word on The Street in general, suggests a Hold analyst consensus rating for DocuSign with a $94.36 average price target.
Adyen (ADYYF)
In a report released today, Justin Forsythe from UBS maintained a Buy rating on Adyen. The company's shares closed last Wednesday at $1685.20.
Forsythe has an average return of 13.0% when recommending Adyen. ;'>
According to TipRanks.com, Forsythe is ranked #2043 out of 9418 analysts.
Currently, the analyst consensus on Adyen is a Strong Buy with an average price target of $2316.27, which is a 37.4% upside from current levels. In a report issued on April 8, Evercore ISI also initiated coverage with a Buy rating on the stock with a EUR1775.00 price target.
Intel (INTC)
In a report released today, Aaron Rakers from Wells Fargo maintained a Hold rating on Intel, with a price target of $25.00. The company's shares closed last Wednesday at $19.23, close to its 52-week low of $18.51.
According to TipRanks.com, Rakers is a 5-star analyst with an average return of 17.8% and a 55.6% success rate. Rakers covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Advanced Micro Devices, and Keysight Technologies. ;'>
The word on The Street in general, suggests a Hold analyst consensus rating for Intel with a $23.00 average price target, a 18.9% upside from current levels. In a report issued on April 3, Robert W. Baird also maintained a Hold rating on the stock with a $20.00 price target.
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- Globe and Mail
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