Analysts Are Bullish on Top Technology Stocks: CCC Intelligent Solutions Holdings (CCCS), Cisco Systems (CSCO)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on CCC Intelligent Solutions Holdings (CCCS – Research Report), Cisco Systems (CSCO – Research Report) and Aeva Technologies (AEVA – Research Report) with bullish sentiments.

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CCC Intelligent Solutions Holdings (CCCS)

Bank of America Securities analyst Michael Funk maintained a Buy rating on CCC Intelligent Solutions Holdings yesterday and set a price target of $11.00. The company’s shares closed last Wednesday at $9.03, close to its 52-week low of $8.83.

According to TipRanks.com, Funk is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -8.0% and a 42.9% success rate. Funk covers the Technology sector, focusing on stocks such as Zoom Video Communications, Weave Communications, and Bentley Systems.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CCC Intelligent Solutions Holdings with a $11.67 average price target, which is a 29.4% upside from current levels. In a report issued on May 6, William Blair also maintained a Buy rating on the stock.

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Cisco Systems (CSCO)

Bank of America Securities analyst Tal Liani reiterated a Buy rating on Cisco Systems today and set a price target of $76.00. The company’s shares closed last Wednesday at $61.29.

According to TipRanks.com, Liani is a 5-star analyst with an average return of 10.1% and a 57.2% success rate. Liani covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and CommScope Holding.

Currently, the analyst consensus on Cisco Systems is a Strong Buy with an average price target of $69.60, which is a 12.9% upside from current levels. In a report issued on May 9, Cleveland Research also upgraded the stock to Buy.

Aeva Technologies (AEVA)

In a report released today, Sujeeva De Silva from Roth MKM maintained a Buy rating on Aeva Technologies, with a price target of $17.00. The company’s shares closed last Wednesday at $14.45.

According to TipRanks.com, Silva is a 5-star analyst with an average return of 22.8% and a 51.1% success rate. Silva covers the Technology sector, focusing on stocks such as Credo Technology Group Holding Ltd, Advanced Micro Devices, and indie Semiconductor.

Aeva Technologies has an analyst consensus of Strong Buy, with a price target consensus of $8.88, representing a -36.3% downside. In a report issued on May 12, Craig-Hallum also maintained a Buy rating on the stock.

Read More on CCCS:

Disclaimer & DisclosureReport an Issue

• Strong Buy Rating for CCC Intelligent Solutions Holdings Driven by Product Adoption, AI Innovation, and Strategic Acquisitions
• CCC Intelligent Solutions price target lowered to $13 from $14 at Stifel
• CCC Intelligent Solutions Announces Executive Resignation
• Strong Financial Performance and Strategic Growth Drive Buy Rating for CCC Intelligent Solutions Holdings
• CCC Intelligent Solutions price target lowered to $9 from $11 at Piper Sandler