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Analysts Offer Insights on Technology Companies: Bentley Systems (BSY) and Texas Instruments (TXN)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Bentley Systems (BSYResearch Report) and Texas Instruments (TXNResearch Report).

Bentley Systems (BSY)

In a report released today, Kristen Owen from Oppenheimer maintained a Buy rating on Bentley Systems, with a price target of $64.00. The company’s shares closed last Thursday at $52.06.

According to TipRanks.com, Owen is a 4-star analyst with an average return of 7.9% and a 55.1% success rate. Owen covers the Basic Materials sector, focusing on stocks such as Bioceres Crop Solutions, Lavoro Limited, and Green Plains.

Currently, the analyst consensus on Bentley Systems is a Strong Buy with an average price target of $59.71, implying a 16.7% upside from current levels. In a report issued on April 15, RBC Capital also maintained a Buy rating on the stock with a $61.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Texas Instruments (TXN)

In a report released today, Rick Schafer from Oppenheimer maintained a Hold rating on Texas Instruments. The company’s shares closed last Thursday at $163.67.

According to TipRanks.com, Schafer is a top 25 analyst with an average return of 22.9% and a 72.5% success rate. Schafer covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Skyworks Solutions, and NXP Semiconductors.

The word on The Street in general, suggests a Hold analyst consensus rating for Texas Instruments with a $168.94 average price target.

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