Analysts’ Top Technology Picks: First Data Corp (FDC), TiVo Corporation (TIVO)

By Jason Carr

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on First Data Corp (FDCResearch Report) and TiVo Corporation (TIVOResearch Report) with bullish sentiments.

First Data Corp (FDC)

In a report issued on January 4, Andrew Jeffrey from SunTrust Robinson reiterated a Buy rating on First Data Corp, with a price target of $21. The company’s shares closed on Friday at $16.82.

According to TipRanks.com, Jeffrey is a 5-star analyst with an average return of 8.8% and a 58.7% success rate. Jeffrey covers the Technology sector, focusing on stocks such as Broadridge Financial Solutions Llc, Fidelity National Info, and Alliance Data Systems.

Currently, the analyst consensus on First Data Corp is a Strong Buy with an average price target of $25.18, which is a 49.7% upside from current levels. In a report issued on December 21, Susquehanna also reiterated a Buy rating on the stock with a $29 price target.

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TiVo Corporation (TIVO)

B.Riley FBR analyst Eric Wold reiterated a Buy rating on TiVo Corporation today. The company’s shares closed on Friday at $10.15.

Wold observed:

“We are revisiting TiVo Corporation (TIVO) ahead of our hosted management meeting at CES on Tuesday, 1/8, in order to both rationalize the necessity to get an update on new technology development by the company and highlight a detail in last week’s 8-K filing that we believe to be particularly timely.”

According to TipRanks.com, Wold ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -3.6% and a 36.1% success rate. Wold covers the Services sector, focusing on stocks such as Reading International Inc, Cinemark Holdings Inc, and National Cinemedia.

TiVo Corporation has an analyst consensus of Moderate Buy, with a price target consensus of $23.

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