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Analysts Offer Insights on Technology Companies: Digital Turbine (APPS), Twilio (TWLO) and Palo Alto Networks (PANW)

Analysts have been eager to weigh in on the Technology sector with new ratings on Digital Turbine (APPSResearch Report), Twilio (TWLOResearch Report) and Palo Alto Networks (PANWResearch Report).

Digital Turbine (APPS)

Bank of America Securities analyst Omar Dessouky reiterated a Hold rating on Digital Turbine today and set a price target of $6.00. The company’s shares closed last Wednesday at $5.10, close to its 52-week low of $4.34.

According to TipRanks.com, Dessouky ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -12.1% and a 20.6% success rate. Dessouky covers the Technology sector, focusing on stocks such as Electronic Arts, AppLovin, and Take-Two.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Digital Turbine with a $6.00 average price target, representing a 16.5% upside. In a report issued on November 1, Roth MKM also maintained a Hold rating on the stock with a $6.00 price target.

See today’s best-performing stocks on TipRanks >>

Twilio (TWLO)

Bank of America Securities analyst Michael Funk reiterated a Sell rating on Twilio yesterday and set a price target of $55.00. The company’s shares closed last Wednesday at $55.81.

According to TipRanks.com, Funk is a 1-star analyst with an average return of -7.2% and a 46.7% success rate. Funk covers the Technology sector, focusing on stocks such as Zoom Video Communications, Unity Software, and Guidewire.

The word on The Street in general, suggests a Hold analyst consensus rating for Twilio with a $65.91 average price target, a 19.2% upside from current levels. In a report issued on October 24, RBC Capital also maintained a Sell rating on the stock with a $50.00 price target.

Palo Alto Networks (PANW)

Bank of America Securities analyst Tal Liani maintained a Buy rating on Palo Alto Networks today and set a price target of $290.00. The company’s shares closed last Wednesday at $241.08.

According to TipRanks.com, Liani is a 5-star analyst with an average return of 7.5% and a 55.9% success rate. Liani covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, CyberArk Software, and Juniper Networks.

Currently, the analyst consensus on Palo Alto Networks is a Strong Buy with an average price target of $281.83, a 15.8% upside from current levels. In a report issued on October 25, Needham also initiated coverage with a Buy rating on the stock with a $305.00 price target.

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