Analysts’ Opinions Are Mixed on These Technology Stocks: Benchmark Electronics (NYSE: BHE) and PTC Inc (NASDAQ: PTC)

By Ryan Adsit

Analysts have been eager to weigh in on the Technology sector with new ratings on Benchmark Electronics (NYSE: BHE) and PTC Inc (NASDAQ: PTC).

Benchmark Electronics (NYSE: BHE)

In a report released yesterday, Mitch Steves from RBC Capital reiterated a Hold rating on Benchmark Electronics (NYSE: BHE), with a price target of $33. The company’s shares opened today at $30.95.

According to TipRanks.com, Steves is a 5-star analyst with an average return of 17.0% and a 75.4% success rate. Steves covers the Technology sector, focusing on stocks such as Juniper Networks, Sanmina-Sci Corp, and Arista Networks.

Benchmark Electronics has an analyst consensus of Moderate Buy, with a price target consensus of $33.50.

PTC Inc (NASDAQ: PTC)

RBC Capital analyst Matthew Hedberg reiterated a Buy rating on PTC Inc (NASDAQ: PTC) today and set a price target of $65. The company’s shares opened today at $54.10.

According to TipRanks.com, Hedberg is a top 25 analyst with an average return of 18.6% and a 73.1% success rate. Hedberg covers the Technology sector, focusing on stocks such as Automatic Data Processing, Interactive Intelligence, and Palo Alto Networks.

Currently, the analyst consensus on PTC Inc is Strong Buy and the average price target is $66, representing a 22.0% upside.

In a report released today, Barclays also maintained a Buy rating on the stock with a $67 price target.

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.