Analysts Offer Insights on Technology Companies: BCE Inc (NYSE: BCE) and Wi-Lan Inc (NASDAQ: WILN)

By Carrie Williams

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on BCE Inc (NYSE: BCE) and Wi-Lan Inc (NASDAQ: WILN) with bullish sentiments.

BCE Inc (NYSE: BCE)

In a report released today, Aravinda Galappatthige from Canaccord Genuity reiterated a Buy rating on BCE Inc (NYSE: BCE). The company’s shares opened today at $44.53.

According to TipRanks.com, Galappatthige is a 2-star analyst with an average return of -0.2% and a 40.3% success rate. Galappatthige covers the Services sector, focusing on stocks such as Shaw Communications Inc., Thomson Reuters Corp, and IMAX Corp.

BCE Inc has an analyst consensus of Moderate Buy.

Wi-Lan Inc (NASDAQ: WILN)

In a report released today, Doug Taylor from Canaccord Genuity reiterated a Buy rating on Wi-Lan Inc (NASDAQ: WILN). The company’s shares opened today at $1.37.

Taylor commented:

“We typically don’t read too much into the quarterly results given the lumpiness of the business.”

According to TipRanks.com, Taylor is ranked #2512 out of 4165 analysts.

Wi-Lan Inc has an analyst consensus of Moderate Buy.