Analysts Offer Insights on Technology Companies: Silver Spring (NYSE: SSNI), Pacific DataVision (NASDAQ: PDVW) and Computer Sciences (NYSE: CSC)

By Carrie Williams

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Silver Spring (NYSE: SSNI), Pacific DataVision (NASDAQ: PDVW) and Computer Sciences (NYSE: CSC).

Silver Spring (NYSE: SSNI)

In a report released today, John Quealy from Canaccord Genuity reiterated a Hold rating on Silver Spring (NYSE: SSNI), with a price target of $13. The company’s shares opened today at $13.28.

According to TipRanks.com, Quealy is a 4-star analyst with an average return of 1.5% and a 42.2% success rate. Quealy covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Darling Ingredients, and Lsi Industries Inc.

Silver Spring has an analyst consensus of Strong Buy, with a price target consensus of $13.

Pacific DataVision (NASDAQ: PDVW)

Canaccord Genuity analyst Michael Walkley reiterated a Buy rating on Pacific DataVision (NASDAQ: PDVW) today and set a price target of $45. The company’s shares opened today at $22.05, close to its 52-week low of $18.60.

According to TipRanks.com, Walkley is a top 100 analyst with an average return of 12.3% and a 56.7% success rate. Walkley covers the Technology sector, focusing on stocks such as Sequans Communications S A, Digi International Inc., and Powerwave Technologies.

Pacific DataVision has an analyst consensus of Moderate Buy, with a price target consensus of $44.

Computer Sciences (NYSE: CSC)

Cantor Fitzgerald analyst Joseph Foresi reiterated a Hold rating on Computer Sciences (NYSE: CSC) today and set a price target of $53. The company’s shares opened today at $52.28, close to its 52-week high of $56.94.

Foresi observed:

“Foresi’s Take. CSC reported above-expectation results, and held a second call to discuss the merger with the spinoff of Hewlett Packard Enterprises now going by the name of Everett Spinco. CSC grew overall revenues by double digits cc due to recent acquisitions. We estimate revenues were close to flat organically in cc. Core revenue growth excluding the acquisitions continued to slightly decline. Next generation offerings continue to grow at a rapid pace, helping growth as well.”

According to TipRanks.com, Foresi is ranked 0 out of 5 stars with an average return of -8.2% and a 26.7% success rate. Foresi covers the Technology sector, focusing on stocks such as Automatic Data Processing, Fidelity National Info, and Epam Systems Inc.

Computer Sciences has an analyst consensus of Strong Buy, with a price target consensus of $60.75.