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Analysts Are Bullish on Top Technology Stocks: Synchronoss Technologies (SNCR), Microsoft (MSFT)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Synchronoss Technologies (SNCRResearch Report) and Microsoft (MSFTResearch Report) with bullish sentiments.

Synchronoss Technologies (SNCR)

Northland Securities analyst Michael Latimore reiterated a Buy rating on Synchronoss Technologies today and set a price target of $3.50. The company’s shares closed last Friday at $1.11.

According to TipRanks.com, Latimore is a 5-star analyst with an average return of 15.3% and a 48.4% success rate. Latimore covers the Technology sector, focusing on stocks such as Gorilla Technology Group Inc., Evolv Technologies Holdings, and SoundHound AI, Inc Class A.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Synchronoss Technologies with a $3.50 average price target.

See Insiders’ Hot Stocks on TipRanks >>

Microsoft (MSFT)

BMO Capital analyst Keith Bachman maintained a Buy rating on Microsoft today and set a price target of $400.00. The company’s shares closed last Friday at $321.01.

According to TipRanks.com, Bachman is a 5-star analyst with an average return of 6.7% and a 56.7% success rate. Bachman covers the Technology sector, focusing on stocks such as International Business Machines, CrowdStrike Holdings, and Rackspace Technology.

Microsoft has an analyst consensus of Strong Buy, with a price target consensus of $391.52, which is a 22.3% upside from current levels. In a report issued on July 31, Argus Research also maintained a Buy rating on the stock with a $390.00 price target.

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