There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Peraso, Inc. (PRSO – Research Report) and Palo Alto Networks (PANW – Research Report) with bullish sentiments.
Peraso, Inc. (PRSO)
In a report released today, David Williams from Benchmark Co. maintained a Buy rating on Peraso, Inc., with a price target of $1.00. The company’s shares closed last Friday at $0.31, close to its 52-week low of $0.20.
According to TipRanks.com, Williams 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 Peraso, Inc. with a $1.00 average price target.
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Palo Alto Networks (PANW)
J.P. Morgan analyst Brian Essex maintained a Buy rating on Palo Alto Networks today and set a price target of $268.00. The company’s shares closed last Friday at $209.69.
According to TipRanks.com, Essex is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Palo Alto Networks with a $264.10 average price target, which is a 30.7% upside from current levels. In a report issued on August 7, Morgan Stanley also maintained a Buy rating on the stock with a $302.00 price target.
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Read More on PRSO:
- PRSO Upcoming Earnings Report: What to Expect?
- Zinwell adopts Peraso X120 chipset for Ethernet Bridge radio
- Peraso receives180-day extension to regain Nasdaq compliance
- Peraso, Jaguar Wave announces PtP, PtMP solutions for 60GHz FWA networks
- Peraso, Tachyon announce production of PtP, PtMP solutions
