Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Palo Alto Networks (PANW – Research Report) and Meyer Burger Technology AG (MYBUF – Research Report).
Palo Alto Networks (PANW)
TD Cowen analyst Shaul Eyal reiterated a Buy rating on Palo Alto Networks today and set a price target of $295.00. The company’s shares closed last Thursday at $227.45.
According to TipRanks.com, Eyal is a top 25 analyst with an average return of
Currently, the analyst consensus on Palo Alto Networks is a Strong Buy with an average price target of $277.80, a 16.7% upside from current levels. In a report issued on August 11, Jefferies also maintained a Buy rating on the stock with a $285.00 price target.
See the top stocks recommended by analysts >>
Meyer Burger Technology AG (MYBUF)
In a report released today, Patrick Laager from Credit Suisse reiterated a Sell rating on Meyer Burger Technology AG, with a price target of CHF0.30. The company’s shares closed last Thursday at $0.47.
According to TipRanks.com, Laager is ranked #6137 out of 8527 analysts.
Currently, the analyst consensus on Meyer Burger Technology AG is a Hold with an average price target of $0.34.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on PANW:
- TipRanks’ All-Star Analyst – Who is the Best on PANW Stock?
- Palo Alto Networks (NASDAQ:PANW) Strong Q4 Earnings Trigger a Slew of “Buys”
- Palo Alto Networks CEO: We have a simplistic view on cybersecurity
- Palo Alto Networks (NASDAQ: PANW) Surges as Strong Q4 Results Diminish Conference Call Concerns
- Palo Alto Networks price target raised to $290 from $250 at Rosenblatt
