Analysts Offer Insights on Technology Companies: Yelp Inc (NYSE: YELP), Symantec Corp (NASDAQ: SYMC) and Tim Participacoes (NYSE: TSU)

By Carrie Williams

Analysts fell to the sidelines weighing in on Yelp Inc (YELPResearch Report), Symantec Corp (SYMCResearch Report) and Tim Participacoes (TSUResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Yelp Inc (YELP)

In a report issued on May 10, Deepak Mathivanan from Barclays maintained a Hold rating on Yelp Inc, with a price target of $38. The company’s shares opened today at $31.86, close to its 52-week low of $29.33.

According to TipRanks.com, Mathivanan is a 5-star analyst with an average return of 20.9% and a 64.9% success rate. Mathivanan covers the Technology sector, focusing on stocks such as Mercadolibre, Wix.com Ltd, and GrubHub.

The word on The Street in general, suggests a Hold analyst consensus rating for Yelp Inc with a $37.71 average price target, a 18.4% upside from current levels. In a report issued on May 10, Stifel Nicolaus also maintained a Hold rating on the stock with a $38 price target.

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Symantec Corp (SYMC)

Barclays analyst Saket Kalia maintained a Hold rating on Symantec Corp on May 10 and set a price target of $19. The company’s shares opened today at $19.26.

According to TipRanks.com, Kalia is a 5-star analyst with an average return of 13.4% and a 60.3% success rate. Kalia covers the Technology sector, focusing on stocks such as CyberArk Software, Varonis Systems, and Pluralsight Inc.

The word on The Street in general, suggests a Hold analyst consensus rating for Symantec Corp with a $21.63 average price target, implying a 12.3% upside from current levels. In a report issued on May 10, Wedbush also maintained a Hold rating on the stock with a $19 price target.

Tim Participacoes (TSU)

Barclays analyst Mathieu Robilliard maintained a Hold rating on Tim Participacoes on May 10 and set a price target of $16.50. The company’s shares opened today at $13.02, close to its 52-week low of $12.98.

According to TipRanks.com, Robilliard is a 3-star analyst with an average return of 4.8% and a 59.3% success rate. Robilliard covers the Technology sector, focusing on stocks such as Millicom International Cellular SA, Iridium Communications, and Telefonica Brasil.

Tim Participacoes has an analyst consensus of Hold, with a price target consensus of $17.

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