There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Dynatrace (DT – Research Report) and CyberArk Software (CYBR – Research Report) with bullish sentiments.
Dynatrace (DT)
Citi analyst Fatima Boolani reiterated a Buy rating on Dynatrace yesterday and set a price target of $68.00. The company’s shares closed last Thursday at $56.07.
According to TipRanks.com, Boolani is a 5-star analyst with an average return of
Dynatrace has an analyst consensus of Strong Buy, with a price target consensus of $65.72, which is a 20.6% upside from current levels. In a report issued on January 28, Jefferies also maintained a Buy rating on the stock with a $70.00 price target.
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CyberArk Software (CYBR)
In a report released yesterday, Brian Essex from J.P. Morgan maintained a Buy rating on CyberArk Software, with a price target of $300.00. The company’s shares closed last Thursday at $261.60.
According to TipRanks.com, Essex is a 5-star analyst with an average return of
CyberArk Software has an analyst consensus of Strong Buy, with a price target consensus of $270.75, representing a -0.2% downside. In a report issued on January 29, Wells Fargo also maintained a Buy rating on the stock with a $275.00 price target.
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