There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on CrowdStrike Holdings (CRWD – Research Report), Canaan (CAN – Research Report) and Hewlett Packard Enterprise (HPE – Research Report) with bullish sentiments.
CrowdStrike Holdings (CRWD)
In a report released today, Adam Borg from Stifel Nicolaus maintained a Buy rating on CrowdStrike Holdings, with a price target of $240.00. The company’s shares closed last Tuesday at $212.35, close to its 52-week high of $214.71.
According to TipRanks.com, Borg is a 4-star analyst with an average return of
Currently, the analyst consensus on CrowdStrike Holdings is a Strong Buy with an average price target of $222.97, implying a 6.7% upside from current levels. In a report issued on November 14, J.P. Morgan also maintained a Buy rating on the stock with a $210.00 price target.
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Canaan (CAN)
Benchmark Co. analyst Michael Legg maintained a Buy rating on Canaan today and set a price target of $5.50. The company’s shares closed last Tuesday at $1.72, close to its 52-week low of $1.52.
According to TipRanks.com, Legg is ranked #879 out of 8725 analysts.
Canaan has an analyst consensus of Moderate Buy, with a price target consensus of $4.25, representing a 156.0% upside. In a report released today, H.C. Wainwright also reiterated a Buy rating on the stock with a $3.00 price target.
Hewlett Packard Enterprise (HPE)
In a report released today, Matthew Sheerin from Stifel Nicolaus reiterated a Buy rating on Hewlett Packard Enterprise, with a price target of $20.00. The company’s shares closed last Tuesday at $15.52.
According to TipRanks.com, Sheerin 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 Hewlett Packard Enterprise with a $18.36 average price target, a 17.9% upside from current levels. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock with a $21.00 price target.
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Read More on CRWD:
- Crowdstrike Holdings Earnings Update: Did it Beat Estimate Forecasts?
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- Options Volatility and Implied Earnings Moves Today, November 28, 2023
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