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Analysts Offer Insights on Technology Companies: Peloton Interactive (PTON), Block (SQ) and SolarWinds (SWI)

Analysts have been eager to weigh in on the Technology sector with new ratings on Peloton Interactive (PTONResearch Report), Block (SQResearch Report) and SolarWinds (SWIResearch Report).

Peloton Interactive (PTON)

In a report issued on November 2, Youssef Squali from Truist Financial maintained a Hold rating on Peloton Interactive, with a price target of $7.00. The company’s shares closed last Monday at $5.02, close to its 52-week low of $4.28.

According to TipRanks.com, Squali is a 5-star analyst with an average return of 13.5% and a 52.3% success rate. Squali covers the Technology sector, focusing on stocks such as ODDITY Tech Ltd. Class A, NerdWallet, Inc. Class A, and DoubleVerify Holdings.

Currently, the analyst consensus on Peloton Interactive is a Hold with an average price target of $7.96, implying a 53.1% upside from current levels. In a report issued on November 2, Canaccord Genuity also downgraded the stock to Hold with a $5.00 price target.

See today’s best-performing stocks on TipRanks >>

Block (SQ)

In a report issued on November 2, Andrew Jeffrey from Truist Financial maintained a Buy rating on Block, with a price target of $70.00. The company’s shares closed last Monday at $49.52.

According to TipRanks.com, Jeffrey is a 5-star analyst with an average return of 8.2% and a 56.9% success rate. Jeffrey covers the Financial sector, focusing on stocks such as Dun & Bradstreet Holdings, Fidelity National Info, and Fleetcor Technologies.

Block has an analyst consensus of Strong Buy, with a price target consensus of $71.62, representing a 45.6% upside. In a report issued on October 20, UBS also upgraded the stock to Buy with a $70.00 price target.

SolarWinds (SWI)

In a report issued on November 2, Terry Tillman from Truist Financial maintained a Hold rating on SolarWinds, with a price target of $11.00. The company’s shares closed last Monday at $10.79.

According to TipRanks.com, Tillman is a 5-star analyst with an average return of 15.9% and a 57.5% success rate. Tillman covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, Klaviyo, Inc. Class A, and ZoomInfo Technologies.

SolarWinds has an analyst consensus of Hold, with a price target consensus of $12.00, implying a 14.7% upside from current levels. In a report issued on November 2, RBC Capital also maintained a Hold rating on the stock with a $13.00 price target.

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