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Analysts Conflicted on These Technology Names: Gitlab (GTLB) and Clearwater Analytics Holdings (CWAN)

Analysts have been eager to weigh in on the Technology sector with new ratings on Gitlab (GTLBResearch Report) and Clearwater Analytics Holdings (CWANResearch Report).

Gitlab (GTLB)

In a report released today, Gil Luria from D.A. Davidson maintained a Hold rating on Gitlab, with a price target of $75.00. The company’s shares closed last Friday at $72.35, close to its 52-week high of $75.16.

According to TipRanks.com, Luria is a 5-star analyst with an average return of 17.6% and a 70.2% success rate. Luria covers the Technology sector, focusing on stocks such as SoundHound AI, Inc Class A, Procore Technologies, and Manhattan Associates.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Gitlab with a $70.47 average price target.

See Insiders’ Hot Stocks on TipRanks >>

Clearwater Analytics Holdings (CWAN)

D.A. Davidson analyst Peter Heckmann maintained a Buy rating on Clearwater Analytics Holdings today and set a price target of $24.00. The company’s shares closed last Friday at $19.26.

According to TipRanks.com, Heckmann is a 4-star analyst with an average return of 5.9% and a 57.2% success rate. Heckmann covers the Technology sector, focusing on stocks such as Broadridge Financial Solutions, SS&C Technologies Holdings, and Jack Henry & Associates.

Currently, the analyst consensus on Clearwater Analytics Holdings is a Moderate Buy with an average price target of $24.00.

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