Analysts Conflictied on These Technology Names: Guidewire (NYSE: GWRE) and Pegasystems Inc. (NASDAQ: PEGA)

By Ryan Adsit

Analysts have been eager to weigh in on the Technology sector with new ratings on Guidewire (NYSE: GWRE) and Pegasystems Inc. (NASDAQ: PEGA).

Guidewire (NYSE: GWRE)

JMP Securities analyst Rishi Jaluria reiterated a Hold rating on Guidewire (NYSE: GWRE) today. The company’s shares closed last Friday at $58.66.

According to TipRanks.com, Jaluria is a 2-star analyst with an average return of 7.0% and a 75.0% success rate. Jaluria covers the Technology sector, focusing on stocks such as PROS Holdings, Veeva Systems, and Splunk Inc.

Guidewire has an analyst consensus of Moderate Buy, with a price target consensus of $69.33.

Pegasystems Inc. (NASDAQ: PEGA)

JMP Securities analyst Greg McDowell reiterated a Buy rating on Pegasystems Inc. (NASDAQ: PEGA) today. The company’s shares closed last Friday at $36.65, close to its 52-week high of $36.85.

According to TipRanks.com, McDowell is a 3-star analyst with an average return of 2.4% and a 50.0% success rate. McDowell covers the Technology sector, focusing on stocks such as Progress Software Corp., Intralinks Holdings, and Limelight Networks.

Pegasystems Inc. has an analyst consensus of Moderate Buy, with a price target consensus of $30.