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Analysts’ Opinions Are Mixed on These Technology Stocks: Appian (APPN) and TELUS International (CDA) (TIXT)

Analysts have been eager to weigh in on the Technology sector with new ratings on Appian (APPNResearch Report) and TELUS International (CDA) (TIXTResearch Report).

Appian (APPN)

In a report issued on November 4, Raimo Lenschow from Barclays maintained a Sell rating on Appian, with a price target of $30.00. The company’s shares closed last Friday at $38.43, close to its 52-week low of $34.53.

According to TipRanks.com, Lenschow is a 4-star analyst with an average return of 3.1% and a 43.2% success rate. Lenschow covers the Technology sector, focusing on stocks such as The Descartes Systems Group, Qualtrics International, and ZoomInfo Technologies.

The word on The Street in general, suggests a Hold analyst consensus rating for Appian with a $45.50 average price target.

See the top stocks recommended by analysts >>

TELUS International (CDA) (TIXT)

Barclays analyst Ramsey El Assal maintained a Buy rating on TELUS International (CDA) on November 4 and set a price target of $29.00. The company’s shares closed last Friday at $22.15, close to its 52-week low of $20.73.

According to TipRanks.com, Assal is a 1-star analyst with an average return of -3.4% and a 43.0% success rate. Assal covers the Technology sector, focusing on stocks such as Fidelity National Info, Rackspace Technology, and Upstart Holdings.

Currently, the analyst consensus on TELUS International (CDA) is a Moderate Buy with an average price target of $29.82, a 24.3% upside from current levels. In a report issued on October 20, Scotiabank also initiated coverage with a Buy rating on the stock with a $33.00 price target.

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