Analysts Have Conflicting Sentiments on These Technology Companies: BlackBerry (NASDAQ: BBRY) and NCR Corp (NYSE: NCR)

By Ryan Adsit

Analysts have been eager to weigh in on the Technology sector with new ratings on BlackBerry (NASDAQ: BBRY) and NCR Corp (NYSE: NCR).

BlackBerry (NASDAQ: BBRY)

RBC Capital analyst Paul Treiber reiterated a Hold rating on BlackBerry (NASDAQ: BBRY) today and set a price target of $9.50. The company’s shares opened today at $10.54.

According to TipRanks.com, Treiber is a 5-star analyst with an average return of 18.9% and a 78.6% success rate. Treiber covers the Technology sector, focusing on stocks such as Mitel Networks Corp, Sierra Wireless, and Celestica.

BlackBerry has an analyst consensus of Hold, with a price target consensus of $9.33.

NCR Corp (NYSE: NCR)

In a report issued on June 13, Daniel Perlin from RBC Capital reiterated a Buy rating on NCR Corp (NYSE: NCR), with a price target of $51. The company’s shares opened today at $39.25.

According to TipRanks.com, Perlin is a top 100 analyst with an average return of 16.5% and a 84.7% success rate. Perlin covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, Automatic Data Processing, and Bottomline Technologies.

Currently, the analyst consensus on NCR Corp is Strong Buy and the average price target is $52.33, representing a 33.3% upside.

In a report issued on June 6, Benchmark Co. also reiterated a Buy rating on the stock with a $55 price target.

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