There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Fabrinet (FN – Research Report), Evolv Technologies Holdings (EVLV – Research Report) and Palo Alto Networks (PANW – Research Report) with bullish sentiments.
Fabrinet (FN)
In a report released today, Tim Savageaux from Northland Securities reiterated a Buy rating on Fabrinet, with a price target of $150.00. The company’s shares closed last Monday at $116.78.
According to TipRanks.com, Savageaux is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Fabrinet with a $160.00 average price target, which is a 35.7% upside from current levels. In a report released today, Needham also maintained a Buy rating on the stock with a $165.00 price target.
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Evolv Technologies Holdings (EVLV)
In a report released today, Michael Latimore from Northland Securities maintained a Buy rating on Evolv Technologies Holdings, with a price target of $8.50. The company’s shares closed last Monday at $6.52.
According to TipRanks.com, Latimore is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Evolv Technologies Holdings with a $7.52 average price target, a 10.9% upside from current levels. In a report issued on August 11, Craig-Hallum also reiterated a Buy rating on the stock with a $10.00 price target.
Palo Alto Networks (PANW)
Northland Securities analyst Nehal Chokshi reiterated a Buy rating on Palo Alto Networks today and set a price target of $278.00. The company’s shares closed last Monday at $240.81, close to its 52-week high of $258.88.
According to TipRanks.com, Chokshi is a top 100 analyst with an average return of
Palo Alto Networks has an analyst consensus of Strong Buy, with a price target consensus of $276.80, which is a 17.0% 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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