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Analysts Offer Insights on Technology Companies: AppLovin (APP), TaskUs (TASK) and CrowdStrike Holdings (CRWD)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on AppLovin (APPResearch Report), TaskUs (TASKResearch Report) and CrowdStrike Holdings (CRWDResearch Report) with bullish sentiments.

AppLovin (APP)

BTIG analyst Clark Lampen maintained a Buy rating on AppLovin on December 28 and set a price target of $50.00. The company’s shares closed last Friday at $39.85, close to its 52-week high of $45.11.

According to TipRanks.com, Lampen is a 1-star analyst with an average return of -3.2% and a 51.5% success rate. Lampen covers the NA sector, focusing on stocks such as Genius Sports Limited, Playtika Holding, and PLAYSTUDIOS.

Currently, the analyst consensus on AppLovin is a Moderate Buy with an average price target of $51.51, which is a 26.6% upside from current levels. In a report issued on December 18, HSBC also initiated coverage with a Buy rating on the stock with a $53.20 price target.

See Insiders’ Hot Stocks on TipRanks >>

TaskUs (TASK)

In a report issued on December 28, Matthew VanVliet from BTIG maintained a Buy rating on TaskUs, with a price target of $18.00. The company’s shares closed last Friday at $13.07.

According to TipRanks.com, VanVliet is ranked 0 out of 5 stars with an average return of -8.5% and a 43.5% success rate. VanVliet covers the Technology sector, focusing on stocks such as Zoom Video Communications, Instructure Holdings, and FiscalNote Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TaskUs with a $13.57 average price target.

CrowdStrike Holdings (CRWD)

In a report issued on December 28, Gray Powell from BTIG maintained a Buy rating on CrowdStrike Holdings, with a price target of $291.00. The company’s shares closed last Friday at $255.32, close to its 52-week high of $261.81.

According to TipRanks.com, Powell is a 5-star analyst with an average return of 9.5% and a 55.5% success rate. Powell covers the Technology sector, focusing on stocks such as Palo Alto Networks, Tenable Holdings, and A10 Networks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for CrowdStrike Holdings with a $260.49 average price target, a 1.8% upside from current levels. In a report issued on December 15, Susquehanna also initiated coverage with a Buy rating on the stock with a $330.00 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.

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