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Analysts Have Conflicting Sentiments on These Technology Companies: nCino (NCNO), SentinelOne (S) and Luna Innovations (LUNA)

Analysts have been eager to weigh in on the Technology sector with new ratings on nCino (NCNOResearch Report), SentinelOne (SResearch Report) and Luna Innovations (LUNAResearch Report).

nCino (NCNO)

In a report released today, Nick Altmann from Scotiabank maintained a Buy rating on nCino, with a price target of $36.00. The company’s shares closed last Thursday at $32.72, close to its 52-week high of $33.73.

According to TipRanks.com, Altmann is a 4-star analyst with an average return of 12.6% and a 63.9% success rate. Altmann covers the Technology sector, focusing on stocks such as Procore Technologies, Freshworks, and Confluent.

Currently, the analyst consensus on nCino is a Moderate Buy with an average price target of $35.44.

See the top stocks recommended by analysts >>

SentinelOne (S)

In a report released today, Patrick Colville from Scotiabank maintained a Hold rating on SentinelOne, with a price target of $20.00. The company’s shares closed last Thursday at $27.56, close to its 52-week high of $27.86.

According to TipRanks.com, Colville is a 1-star analyst with an average return of -2.4% and a 48.6% success rate. Colville covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and Check Point.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SentinelOne with a $25.79 average price target, representing a -4.7% downside. In a report issued on December 7, Goldman Sachs also maintained a Hold rating on the stock.

Luna Innovations (LUNA)

Stifel Nicolaus analyst Ruben Roy maintained a Buy rating on Luna Innovations today and set a price target of $12.50. The company’s shares closed last Thursday at $6.95.

According to TipRanks.com, Roy is a 5-star analyst with an average return of 18.1% and a 69.1% success rate. Roy covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Lattice Semiconductor, and Skyworks Solutions.

Currently, the analyst consensus on Luna Innovations is a Strong Buy with an average price target of $9.00.

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