Analysts have been eager to weigh in on the Technology sector with new ratings on Salesforce (CRM – Research Report), Altair Engineering (ALTR – Research Report) and Veeva Systems (VEEV – Research Report).
Salesforce (CRM)
In a report released today, Yun Kim from Loop Capital Markets maintained a Hold rating on Salesforce, with a price target of $230.00. The company’s shares closed last Wednesday at $215.04.
According to TipRanks.com, Kim is a 5-star analyst with an average return of
Currently, the analyst consensus on Salesforce is a Moderate Buy with an average price target of $247.14, a 16.7% upside from current levels. In a report issued on August 21, Monness also maintained a Hold rating on the stock.
See today’s best-performing stocks on TipRanks >>
Altair Engineering (ALTR)
In a report released today, Mark Schappel from Loop Capital Markets reiterated a Buy rating on Altair Engineering, with a price target of $81.00. The company’s shares closed last Wednesday at $66.63.
According to TipRanks.com, Schappel is a 4-star analyst with an average return of
Currently, the analyst consensus on Altair Engineering is a Strong Buy with an average price target of $77.38, a 18.4% upside from current levels. In a report issued on August 29, Rosenblatt Securities also reiterated a Buy rating on the stock with a $74.00 price target.
Veeva Systems (VEEV)
In a report released today, Dylan Becker from William Blair maintained a Buy rating on Veeva Systems. The company’s shares closed last Wednesday at $192.59.
According to TipRanks.com, Becker is a 3-star analyst with an average return of
Currently, the analyst consensus on Veeva Systems is a Moderate Buy with an average price target of $216.74, which is a 12.4% upside from current levels. In a report issued on August 22, Robert W. Baird also maintained a Buy rating on the stock with a $235.00 price target.
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 CRM:
- Microsoft (NASDAQ: MSFT) Untangles Teams and Office Amid Antitrust Probe
- OpenAI’s Israeli Rival AI21 Labs Raises Funds; Valued at $1.4B
- Salesforce.com Earnings Report: Is it a Beat?
- Salesforce (NYSE:CRM) Jumps on Strong Q2 Results, Higher Guidance
- Options Volatility and Implied Earnings Moves Today, August 30, 2023
