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Analysts Conflicted on These Technology Names: The Descartes Systems Group (DSGX), Applied Digital Corporation (APLD) and WEX (WEX)

Tipranks - Tipranks - Fri Oct 9, 7:56AM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on The Descartes Systems Group (DSGX), Applied Digital Corporation (APLD) and WEX (WEX).

The Descartes Systems Group (DSGX)

Loop Capital Markets analyst Mark Schappel reiterated a Buy rating on The Descartes Systems Group today and set a price target of $96.00. The company’s shares closed last Wednesday at $80.07.

According to TipRanks.com, Schappel is ranked #2105 out of 12525 analysts.

Currently, the analyst consensus on The Descartes Systems Group is a Strong Buy with an average price target of $102.14, which is a 30.3% upside from current levels. In a report issued on October 6, Scotiabank also maintained a Buy rating on the stock with a $98.00 price target.

See the top stocks recommended by analysts >>

Applied Digital Corporation (APLD)

Lucid Capital analyst Darren Aftahi reiterated a Buy rating on Applied Digital Corporation today and set a price target of $83.00. The company’s shares closed last Wednesday at $23.81.

Aftahi has an average return of 124.0% when recommending Applied Digital Corporation. ;'>

According to TipRanks.com, Aftahi is ranked #1151 out of 12525 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Applied Digital Corporation with a $58.21 average price target, which is a 137.1% upside from current levels. In a report issued on September 23, UBS also initiated coverage with a Buy rating on the stock with a $38.00 price target.

WEX (WEX)

Oppenheimer analyst Rayna Kumar maintained a Hold rating on WEX today. The company’s shares closed last Wednesday at $169.96.

According to TipRanks.com, Kumar is a 3-star analyst with an average return of 2.3% and a 49.1% success rate. Kumar covers the Technology sector, focusing on stocks such as Jack Henry & Associates, Fair Isaac, and Corpay Inc. ;'>

WEX has an analyst consensus of Moderate Buy, with a price target consensus of $190.38, an 11.1% upside from current levels. In a report issued on September 24, Deutsche Bank also maintained a Hold rating on the stock with a $176.00 price target.

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