Analysts Offer Insights on Technology Companies: Vantiv Inc (NYSE: VNTV) and Citrix Systems (NASDAQ: CTXS)

By Austin Angelo

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Vantiv Inc (NYSE: VNTV) and Citrix Systems (NASDAQ: CTXS).

Vantiv Inc (NYSE: VNTV)

Stifel Nicolaus analyst John Davis reiterated a Buy rating on Vantiv Inc (NYSE: VNTV) on December 14 and set a price target of $93. The company’s shares closed yesterday at $75.87, close to its 52-week high of $76.22.

According to TipRanks.com, Davis is a 5-star analyst with an average return of 54.6% and a 68.8% success rate. Davis covers the Technology sector, focusing on stocks such as Total System Services, Global Payments Inc, and Paypal Holdings.

Currently, the analyst consensus on Vantiv Inc is Strong Buy and the average price target is $82.93, representing a 9.3% upside.

In a report issued on December 1, Wedbush also upgraded the stock to Buy.
Citrix Systems (NASDAQ: CTXS)

Stifel Nicolaus analyst Brad Reback reiterated a Hold rating on Citrix Systems (NASDAQ: CTXS) on December 14 and set a price target of $86. The company’s shares closed yesterday at $87.53, close to its 52-week high of $88.96.

According to TipRanks.com, Reback is a 5-star analyst with an average return of 15.5% and a 67.2% success rate. Reback covers the Technology sector, focusing on stocks such as CSG Systems International, Intralinks Holdings, and Barracuda Networks.

Citrix Systems has an analyst consensus of Moderate Buy, with a price target consensus of $95.20.

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.