There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Arista Networks (ANET) and Repay Holdings (RPAY) with bullish sentiments.\n\nConfident Investing Starts Here:\nEasily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions\nReceive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter\n\nArista Networks (ANET)\n\nIn a report released today, Tim Long from Barclays maintained a Buy rating on Arista Networks, with a price target of $119.00. The company’s shares closed last Friday at $86.25.\n\nAccording to TipRanks.com, Long is a 5-star analyst with an average return of 14.3% and a 63.6% success rate. Long covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Keysight Technologies, and Motorola Solutions.\n\nCurrently, the analyst consensus on Arista Networks is a Moderate Buy with an average price target of $109.38, implying a 20.4% upside from current levels. In a report issued on June 9, Morgan Stanley also maintained a Buy rating on the stock with a $100.00 price target.\n\nRepay Holdings (RPAY)\n\nBarclays analyst Ramsey El Assal maintained a Buy rating on Repay Holdings today and set a price target of $6.00. The company’s shares closed last Friday at $4.63.\n\nAccording to TipRanks.com, Assal is a 1-star analyst with an average return of -2.2% and a 49.2% success rate. Assal covers the Technology sector, focusing on stocks such as TELUS International (CDA), Fidelity National Info, and Rackspace Technology.\n\nThe word on The Street in general, suggests a Moderate Buy analyst consensus rating for Repay Holdings with a $6.78 average price target.

Analysts Are Bullish on Top Technology Stocks: Arista Networks (ANET), Repay Holdings (RPAY)

Analysts have issued bullish ratings for Arista Networks (ANET) and Repay Holdings (RPAY), with Tim Long from Barclays maintaining a Buy rating on ANET at $119.00 and Ramsey El Assal from Barclays assigning a Buy rating to RPAY at $6.00. The analyst consensus for ANET is a Moderate Buy with a $109.38 average target, implying a 20.4% upside, while RPAY's consensus is a Moderate Buy with a $6.78 average target.