There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Motorola Solutions (MSI – Research Report), Fortinet (FTNT – Research Report) and Adobe (ADBE – Research Report) with bullish sentiments.
Motorola Solutions (MSI)
In a report released today, Tim Long from Barclays maintained a Buy rating on Motorola Solutions, with a price target of $329.00. The company’s shares closed last Friday at $291.05, close to its 52-week high of $299.43.
According to TipRanks.com, Long is a 5-star analyst with an average return of
Currently, the analyst consensus on Motorola Solutions is a Moderate Buy with an average price target of $310.67.
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Fortinet (FTNT)
Barclays analyst Saket Kalia maintained a Buy rating on Fortinet today and set a price target of $86.00. The company’s shares closed last Friday at $76.80, close to its 52-week high of $81.24.
According to TipRanks.com, Kalia is a 5-star analyst with an average return of
Currently, the analyst consensus on Fortinet is a Strong Buy with an average price target of $81.47, a 5.5% upside from current levels. In a report issued on July 17, Oppenheimer also maintained a Buy rating on the stock with a $95.00 price target.
Adobe (ADBE)
Morgan Stanley analyst Keith Weiss upgraded Adobe to Buy today and set a price target of $660.00. The company’s shares closed last Friday at $528.87, close to its 52-week high of $539.00.
According to TipRanks.com, Weiss is a top 100 analyst with an average return of
Adobe has an analyst consensus of Moderate Buy, with a price target consensus of $548.71.
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