Analysts Are Bullish on These Technology Stocks: ADSK, VNTV

By Austin Angelo

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Autodesk (NASDAQ: ADSK), Vantiv Inc (NYSE: VNTV) and GDS Holdings Ltd (NASDAQ: GDS) with bullish sentiments.

Autodesk (NASDAQ: ADSK)

RBC Capital analyst Ross MacMillan reiterated a Buy rating on Autodesk (NASDAQ: ADSK) on November 12 and set a price target of $125. The company’s shares closed yesterday at $123.87, close to its 52-week high of $126.44.

According to TipRanks.com, MacMillan is a top 25 analyst with an average return of 21.9% and a 79.7% success rate. MacMillan covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, Intralinks Holdings, and Verint Systems Inc.

Currently, the analyst consensus on Autodesk is Strong Buy and the average price target is $129.70, representing a 4.7% upside.

In a report issued on November 2, Robert W. Baird also reiterated a Buy rating on the stock with a $125 price target.
Vantiv Inc (NYSE: VNTV)

RBC Capital analyst Daniel Perlin reiterated a Buy rating on Vantiv Inc (NYSE: VNTV) on November 12 and set a price target of $78. The company’s shares closed yesterday at $69.82.

According to TipRanks.com, Perlin is a top 100 analyst with an average return of 23.2% and a 84.4% 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 Vantiv Inc is Moderate Buy and the average price target is $77.83, representing an 11.5% upside.

In a report issued on November 13, Robert W. Baird also reiterated a Buy rating on the stock with a $82 price target.
GDS Holdings Ltd (NASDAQ: GDS)

In a report issued on November 13, Jonathan Atkin from RBC Capital reiterated a Buy rating on GDS Holdings Ltd (NASDAQ: GDS), with a price target of $21. The company’s shares closed yesterday at $19.55, close to its 52-week high of $20.80.

According to TipRanks.com, Atkin is a top 25 analyst with an average return of 19.9% and a 84.4% success rate. Atkin covers the Financial sector, focusing on stocks such as Summit Hotel Properties, Landmark Infrastructure, and Education Realty Trust.

GDS Holdings Ltd has an analyst consensus of Moderate Buy, with a price target consensus of $21.

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