There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Nvidia (NVDA – Research Report), Salesforce (CRM – Research Report) and Zuora (ZUO – Research Report) with bullish sentiments.
Nvidia (NVDA)
Wells Fargo analyst Aaron Rakers maintained a Buy rating on Nvidia yesterday and set a price target of $675.00. The company’s shares closed last Wednesday at $481.40, close to its 52-week high of $505.48.
According to TipRanks.com, Rakers is a top 100 analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nvidia with a $661.00 average price target, implying a 36.6% upside from current levels. In a report issued on November 21, KeyBanc also maintained a Buy rating on the stock with a $650.00 price target.
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Salesforce (CRM)
In a report released today, Brent Thill from Jefferies maintained a Buy rating on Salesforce, with a price target of $300.00. The company’s shares closed last Wednesday at $230.35, close to its 52-week high of $238.22.
According to TipRanks.com, Thill is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of
Currently, the analyst consensus on Salesforce is a Moderate Buy with an average price target of $261.53, which is a 14.4% upside from current levels. In a report issued on November 17, Bank of America Securities also maintained a Buy rating on the stock with a $280.00 price target.
Zuora (ZUO)
In a report released today, Joshua Reilly from Needham maintained a Buy rating on Zuora, with a price target of $15.00. The company’s shares closed last Wednesday at $8.35.
According to TipRanks.com, Reilly is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Zuora with a $12.33 average price target, representing a 46.8% upside. In a report released yesterday, Craig-Hallum also reiterated a Buy rating on the stock with a $12.00 price target.
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Read More on NVDA:
- Nvidia (NASDAQ:NVDA) Gains Slightly Despite Sour Take on Chipmakers
- Notable open interest changes for November 29th
- NVDA or PLTR: Which AI Stock Has More Upside Potential?
- Nvidia recruting two dozen roles for driverless efforts in China, TC reports
- Great Sales and New AI Can’t Stop Amazon’s (NASDAQ:AMZN) Slump
