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Analysts Offer Insights on Technology Companies: Confluent (CFLT), Motorola Solutions (MSI) and Mercadolibre (MELI)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Confluent (CFLTResearch Report), Motorola Solutions (MSIResearch Report) and Mercadolibre (MELIResearch Report) with bullish sentiments.

Confluent (CFLT)

Mizuho Securities analyst Gregg Moskowitz reiterated a Buy rating on Confluent yesterday and set a price target of $40.00. The company’s shares closed last Thursday at $36.06.

According to TipRanks.com, Moskowitz is a 5-star analyst with an average return of 16.7% and a 62.2% success rate. Moskowitz covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and CyberArk Software.

Currently, the analyst consensus on Confluent is a Moderate Buy with an average price target of $38.85, a 19.4% upside from current levels. In a report issued on July 24, Truist Financial also maintained a Buy rating on the stock with a price target.

See Insiders’ Hot Stocks on TipRanks >>

Motorola Solutions (MSI)

Barclays analyst Tim Long maintained a Buy rating on Motorola Solutions yesterday and set a price target of $322.00.

According to TipRanks.com, Long is a 5-star analyst with an average return of 11.1% and a 60.2% success rate. Long covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Dell Technologies, and Juniper Networks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Motorola Solutions with a $304.40 average price target.

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