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Analysts Offer Insights on Technology Companies: Intuit (INTU), Wallbox (WBX) and Logitech (LOGI)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Intuit (INTUResearch Report), Wallbox (WBXResearch Report) and Logitech (LOGIResearch Report) with bullish sentiments.

Intuit (INTU)

Bank of America Securities analyst Bradley Sills reiterated a Buy rating on Intuit today and set a price target of $530.00. The company’s shares closed last Tuesday at $447.55.

According to TipRanks.com, Sills is a 3-star analyst with an average return of 1.5% and a 48.5% success rate. Sills covers the Technology sector, focusing on stocks such as Veeva Systems, ServiceNow, and Salesforce.

Intuit has an analyst consensus of Strong Buy, with a price target consensus of $500.19, a 10.7% upside from current levels. In a report issued on June 9, Mizuho Securities also assigned a Buy rating to the stock with a $550.00 price target.

See the top stocks recommended by analysts >>

Wallbox (WBX)

In a report released today, Alexander Virgo from Bank of America Securities reiterated a Buy rating on Wallbox, with a price target of $5.00. The company’s shares closed last Tuesday at $3.27, close to its 52-week low of $2.44.

According to TipRanks.com, Virgo is ranked #2082 out of 8414 analysts.

Currently, the analyst consensus on Wallbox is a Strong Buy with an average price target of $7.83.

Logitech (LOGI)

Bank of America Securities analyst Adam Angelov reiterated a Buy rating on Logitech today and set a price target of $71.00. The company’s shares closed last Tuesday at $63.90, close to its 52-week high of $68.17.

Angelov has an average return of 2.5% when recommending Logitech.

According to TipRanks.com, Angelov is ranked #4677 out of 8414 analysts.

Currently, the analyst consensus on Logitech is a Moderate Buy with an average price target of $65.69, implying a 2.8% upside from current levels. In a report issued on June 8, Goldman Sachs also reiterated a Buy rating on the stock with a CHF67.00 price target.

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