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Analysts Offer Insights on Technology Companies: Lam Research (LRCX), Paycor HCM (PYCR) and Manhattan Associates (MANH)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Lam Research (LRCXResearch Report), Paycor HCM (PYCRResearch Report) and Manhattan Associates (MANHResearch Report) with bullish sentiments.

Paycor HCM (PYCR)

Robert W. Baird analyst Mark Marcon maintained a Buy rating on Paycor HCM yesterday and set a price target of $36.00.

According to TipRanks.com, Marcon is a 5-star analyst with an average return of 10.3% and a 55.7% success rate. Marcon covers the Industrial Goods sector, focusing on stocks such as Automatic Data Processing, HireRight Holdings Corp, and Resources Connection.

Paycor HCM has an analyst consensus of Moderate Buy, with a price target consensus of $26.36, a 50.3% upside from current levels. In a report released yesterday, Needham also maintained a Buy rating on the stock with a $42.00 price target.

Manhattan Associates (MANH)

In a report issued on April 23, Joseph Vruwink from Robert W. Baird maintained a Buy rating on Manhattan Associates, with a price target of $251.00. The company’s shares closed last Thursday at $208.30.

According to TipRanks.com, Vruwink is a 5-star analyst with an average return of 8.1% and a 60.8% success rate. Vruwink covers the Technology sector, focusing on stocks such as Instructure Holdings, Roper Technologies, and Bentley Systems.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Manhattan Associates with a $242.75 average price target, a 17.2% upside from current levels. In a report released yesterday, D.A. Davidson also upgraded the stock to Buy.

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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