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Analysts Offer Insights on Technology Companies: CyberArk Software (CYBR), ViaSat (VSAT) and First Solar (FSLR)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on CyberArk Software (CYBRResearch Report), ViaSat (VSATResearch Report) and First Solar (FSLRResearch Report) with bullish sentiments.

CyberArk Software (CYBR)

Wells Fargo analyst Andrew Nowinski maintained a Buy rating on CyberArk Software yesterday and set a price target of $300.00. The company’s shares closed last Thursday at $261.60, close to its 52-week high of $274.73.

According to TipRanks.com, Nowinski is a 5-star analyst with an average return of 18.8% and a 58.4% success rate. Nowinski covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and Tenable Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for CyberArk Software with a $275.39 average price target, a 1.5% upside from current levels. In a report issued on January 30, KeyBanc also maintained a Buy rating on the stock with a $274.00 price target.

See the top stocks recommended by analysts >>

ViaSat (VSAT)

In a report released yesterday, Benjamin Heelan from Bank of America Securities reiterated a Buy rating on ViaSat, with a price target of $47.00. The company’s shares closed last Thursday at $19.67, close to its 52-week low of $15.02.

According to TipRanks.com, Heelan is ranked #2343 out of 8707 analysts.

ViaSat has an analyst consensus of Moderate Buy, with a price target consensus of $33.75, representing an 80.2% upside. In a report issued on February 7, Needham also maintained a Buy rating on the stock with a $35.00 price target.

First Solar (FSLR)

Bank of America Securities analyst Julien Dumoulin Smith reiterated a Buy rating on First Solar yesterday and set a price target of $179.00. The company’s shares closed last Thursday at $143.17, close to its 52-week low of $129.22.

According to TipRanks.com, Smith is a 4-star analyst with an average return of 3.2% and a 53.0% success rate. Smith covers the Utilities sector, focusing on stocks such as Enlight Renewable Energy, Nextera Energy Partners, and Pinnacle West Capital.

First Solar has an analyst consensus of Strong Buy, with a price target consensus of $216.67, a 48.3% upside from current levels. In a report issued on January 30, Jefferies also maintained a Buy rating on the stock with a $210.00 price target.

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