Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Veeva Systems (VEEV – Research Report), Wallbox (WBX – Research Report) and Powerfleet (PWFL – Research Report).
Veeva Systems (VEEV)
Canaccord Genuity analyst David Hynes maintained a Hold rating on Veeva Systems yesterday and set a price target of $210.00. The company’s shares closed last Friday at $162.98, close to its 52-week low of $157.00.
According to TipRanks.com, Hynes is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Veeva Systems with a $220.00 average price target, which is a 31.4% upside from current levels. In a report issued on November 6, Truist Financial also maintained a Hold rating on the stock with a $227.00 price target.
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Wallbox (WBX)
In a report released yesterday, George Gianarikas from Canaccord Genuity maintained a Buy rating on Wallbox, with a price target of $4.00. The company’s shares closed last Friday at $1.35, close to its 52-week low of $1.24.
According to TipRanks.com, Gianarikas has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Wallbox with a $3.21 average price target, which is a 129.3% upside from current levels. In a report issued on November 7, Barclays also maintained a Buy rating on the stock with a $2.00 price target.
Powerfleet (PWFL)
In a report released yesterday, Michael Walkley from Canaccord Genuity maintained a Buy rating on Powerfleet, with a price target of $6.00. The company’s shares closed last Friday at $2.06.
According to TipRanks.com, Walkley is a 5-star analyst with an average return of
Powerfleet has an analyst consensus of Strong Buy, with a price target consensus of $6.50.
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Read More on VEEV:
- Veeva director sells $977.6K in common stock
- Wells Fargo Analysts Upgrade Veeva Systems (NYSE:VEEV) to Overweight
- Alphabet downgraded, Gap upgraded: Wall Street’s top analyst calls
- Wells Fargo upgrades Veeva to Overweight, sees ‘upside catalysts on the horizon’
- Veeva upgraded to Overweight from Equal Weight at Wells Fargo
