Analysts have been eager to weigh in on the Technology sector with new ratings on Okta (OKTA – Research Report), Adobe (ADBE – Research Report) and Luna Innovations (LUNA – Research Report).
Okta (OKTA)
In a report released today, Imtiaz Koujalgi from Wedbush reiterated a Buy rating on Okta, with a price target of $90.00. The company’s shares closed last Tuesday at $90.11.
According to TipRanks.com, Koujalgi is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Okta with a $93.33 average price target, which is a 3.2% upside from current levels. In a report released yesterday, RBC Capital also maintained a Buy rating on the stock with a $110.00 price target.
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Adobe (ADBE)
Wells Fargo analyst Michael Turrin maintained a Hold rating on Adobe today and set a price target of $420.00. The company’s shares closed last Tuesday at $417.21.
According to TipRanks.com, Turrin has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
Adobe has an analyst consensus of Moderate Buy, with a price target consensus of $403.47, implying a -6.2% downside from current levels. In a report released yesterday, UBS also maintained a Hold rating on the stock with a $440.00 price target.
Luna Innovations (LUNA)
In a report released today, Alex Henderson from Needham reiterated a Buy rating on Luna Innovations, with a price target of $10.00. The company’s shares closed last Tuesday at $9.29.
According to TipRanks.com, Henderson is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Luna Innovations with a $8.50 average price target.
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