There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Peraso, Inc. (PRSO – Research Report) and Palo Alto Networks (PANW – Research Report) with bullish sentiments.
Peraso, Inc. (PRSO)
In a report released today, David Williams from Benchmark Co. reiterated a Buy rating on Peraso, Inc., with a price target of $1.50. The company’s shares closed last Friday at $0.25, close to its 52-week low of $0.20.
According to TipRanks.com, Williams is a 4-star analyst with an average return of
Currently, the analyst consensus on Peraso, Inc. is a Moderate Buy with an average price target of $1.50.
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Palo Alto Networks (PANW)
Wells Fargo analyst Andrew Nowinski maintained a Buy rating on Palo Alto Networks today and set a price target of $250.00. The company’s shares closed last Friday at $188.66.
According to TipRanks.com, Nowinski is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Palo Alto Networks with a $236.07 average price target, representing a 23.7% upside. In a report issued on May 12, Barclays also maintained a Buy rating on the stock with a $235.00 price target.
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