There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Pegasystems (PEGA – Research Report) and Dayforce Inc (DAY – Research Report) with bullish sentiments.

Pegasystems (PEGA)

Loop Capital Markets analyst Mark Schappel maintained a Buy rating on Pegasystems on February 14 and set a price target of $115.00. The company’s shares closed last Friday at $85.02.

According to TipRanks.com, Schappel is a 5-star analyst with an average return of 11.6% and a 59.9% success rate. Schappel covers the Technology sector, focusing on stocks such as The Descartes Systems Group, E2open Parent Holdings, and Aspen Technology, Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Pegasystems with a $112.00 average price target, implying a 31.3% upside from current levels. In a report issued on February 13, JMP Securities also maintained a Buy rating on the stock with a $110.00 price target.

Dayforce Inc (DAY)

In a report issued on February 14, Siti Panigrahi from Mizuho Securities maintained a Buy rating on Dayforce Inc. The company’s shares closed last Friday at $66.42.

According to TipRanks.com, Panigrahi is a 3-star analyst with an average return of 1.4% and a 50.0% success rate. Panigrahi covers the Technology sector, focusing on stocks such as Zoom Video Communications, ZoomInfo Technologies, and Klaviyo, Inc. Class A.

Dayforce Inc has an analyst consensus of Moderate Buy, with a price target consensus of $77.50, a 15.7% upside from current levels. In a report issued on January 30, Citi also maintained a Buy rating on the stock with a $83.00 price target.