Analysts Offer Insights on Technology Companies: Angie’s List (NASDAQ: ANGI) and SS&C (NASDAQ: SSNC)

By George MacDonald

Analysts fell to the sidelines weighing in on Angie’s List (NASDAQ: ANGI) and SS&C (NASDAQ: SSNC) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.

Angie’s List (NASDAQ: ANGI)

In a report issued on July 28, Lloyd Walmsley from Deutsche Bank reiterated a Hold rating on Angie’s List Inc. (NASDAQ: ANGI). The company’s shares closed last Friday at $8.09.

According to TipRanks.com, Walmsley is a 5-star analyst with an average return of 14.0% and a 63.3% success rate. Walmsley covers the Technology sector, focusing on stocks such as Kayak Software Corp, TripAdvisor Inc., and Web.com Group.

Currently, the analyst consensus on Angie’s List Inc. is Hold and the average price target is $11, representing a 36.0% upside.

In a report issued on July 22, Roth Capital also maintained a Hold rating on the stock with a $8.50 price target.
SS&C (NASDAQ: SSNC)

In a report issued on July 28, Ashish Sabadra from Deutsche Bank maintained a Hold rating on SS&C Technologies Holdings (NASDAQ: SSNC). The company’s shares closed last Friday at $32.22.

According to TipRanks.com, Sabadra is a 4-star analyst with an average return of 5.9% and a 65.8% success rate. Sabadra covers the Services sector, focusing on stocks such as Fleetcor Technologies, Alliance Data Sys., and West Corp.

Currently, the analyst consensus on SS&C Technologies Holdings is Moderate Buy and the average price target is $39, representing a 21.0% upside.

In a report issued on July 15, Morgan Stanley also reiterated a Hold rating on the stock.