There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on ServiceNow (NOW – Research Report), ACM Research (ACMR – Research Report) and D-Wave Quantum (QBTS – Research Report) with bullish sentiments.
ServiceNow (NOW)
Macquarie analyst Frederick Havemeyer maintained a Buy rating on ServiceNow today and set a price target of $900.00. The company’s shares closed last Wednesday at $763.42, close to its 52-week high of $775.96.
According to TipRanks.com, Havemeyer is a 2-star analyst with an average return of
ServiceNow has an analyst consensus of Strong Buy, with a price target consensus of $835.00, representing an 8.3% upside. In a report released yesterday, BMO Capital also maintained a Buy rating on the stock with a $850.00 price target.
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ACM Research (ACMR)
In a report released today, Mark Miller from Benchmark Co. maintained a Buy rating on ACM Research, with a price target of $32.00. The company’s shares closed last Wednesday at $20.62, close to its 52-week high of $22.47.
According to TipRanks.com, Miller is a top 100 analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for ACM Research with a $27.00 average price target, implying a 24.4% upside from current levels. In a report issued on January 10, Roth MKM also maintained a Buy rating on the stock with a $25.00 price target.
D-Wave Quantum (QBTS)
In a report released today, Richard Shannon from Craig-Hallum maintained a Buy rating on D-Wave Quantum, with a price target of $1.75. The company’s shares closed last Wednesday at $0.76, close to its 52-week low of $0.40.
According to TipRanks.com, Shannon is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for D-Wave Quantum with a $1.92 average price target.
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- Needham software infrastructure analyst to hold analyst/industry conference call
- ServiceNow price target raised to $900 from $660 at Needham
