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Analysts Offer Insights on Technology Companies: Gartner (IT), NXP Semiconductors (NXPI) and Check Point (CHKP)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Gartner (ITResearch Report), NXP Semiconductors (NXPIResearch Report) and Check Point (CHKPResearch Report).

Gartner (IT)

Barclays analyst Manav Patnaik maintained a Hold rating on Gartner yesterday and set a price target of $470.00. The company’s shares closed last Tuesday at $461.70, close to its 52-week high of $471.76.

According to TipRanks.com, Patnaik is a 5-star analyst with an average return of 12.4% and a 67.4% success rate. Patnaik covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, HireRight Holdings Corp, and Vestis Corporation.

Currently, the analyst consensus on Gartner is a Moderate Buy with an average price target of $472.17.

See the top stocks recommended by analysts >>

NXP Semiconductors (NXPI)

Barclays analyst Thomas O’Malley maintained a Buy rating on NXP Semiconductors yesterday and set a price target of $260.00. The company’s shares closed last Tuesday at $223.00.

According to TipRanks.com, O’Malley is a 4-star analyst with an average return of 6.9% and a 52.8% success rate. O’Malley covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Advanced Micro Devices.

NXP Semiconductors has an analyst consensus of Moderate Buy, with a price target consensus of $240.47, which is an 8.8% upside from current levels. In a report issued on January 22, Cantor Fitzgerald also initiated coverage with a Buy rating on the stock with a $260.00 price target.

Check Point (CHKP)

In a report released yesterday, Saket Kalia from Barclays maintained a Hold rating on Check Point, with a price target of $170.00. The company’s shares closed last Tuesday at $162.45, close to its 52-week high of $166.71.

According to TipRanks.com, Kalia is a 5-star analyst with an average return of 15.6% and a 61.6% success rate. Kalia covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Procore Technologies, and Palo Alto Networks.

Check Point has an analyst consensus of Moderate Buy, with a price target consensus of $168.12, a 3.8% upside from current levels. In a report released today, KeyBanc also upgraded the stock to Hold.

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