William Blair analyst Maggie Nolan has maintained their bullish stance on PLUS stock, giving a Buy rating on September 5.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Maggie Nolan’s rating is based on ePlus’s strategic acquisition of Realwave, which significantly enhances its AI and IoT analytics capabilities. This acquisition aligns with ePlus’s focus on high-growth areas such as AI, cybersecurity, and managed services, thereby strengthening its service portfolio and positioning the company for long-term growth.
Realwave’s technology enables real-time event detection and actionable insights, which can improve business process automation for ePlus’s clients. The acquisition not only broadens ePlus’s AI-driven solutions but also accelerates monetization opportunities across various industries, including retail, healthcare, and finance. These factors contribute to a positive outlook on ePlus’s stock, justifying the Buy rating.
According to TipRanks, Nolan is an analyst with an average return of -3.3% and a 46.73% success rate. Nolan covers the Technology sector, focusing on stocks such as Eplus, WNS, and TELUS International (CDA).
In another report released on September 5, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $81.00 price target.