Analysts have been eager to weigh in on the Technology sector with new ratings on RingCentral (RNG – Research Report), SolarEdge Technologies (SEDG – Research Report) and Palo Alto Networks (PANW – Research Report).
RingCentral (RNG)
KeyBanc analyst Thomas Blakey reiterated a Buy rating on RingCentral today. The company’s shares closed last Tuesday at $30.86.
According to TipRanks.com, Blakey is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for RingCentral with a $36.75 average price target, representing a 21.9% upside. In a report released yesterday, Craig-Hallum also assigned a Buy rating to the stock.
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SolarEdge Technologies (SEDG)
In a report released today, Sophie Karp from KeyBanc reiterated a Hold rating on SolarEdge Technologies. The company’s shares closed last Tuesday at $84.42, close to its 52-week low of $63.25.
According to TipRanks.com, Karp is a 4-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for SolarEdge Technologies with a $87.45 average price target, representing a 5.3% upside. In a report issued on February 13, RBC Capital also initiated coverage with a Hold rating on the stock with a $85.00 price target.
Palo Alto Networks (PANW)
In a report released today, Eric Heath from KeyBanc maintained a Buy rating on Palo Alto Networks, with a price target of $380.00. The company’s shares closed last Tuesday at $366.09, close to its 52-week high of $380.84.
According to TipRanks.com, Heath is a 4-star analyst with an average return of
Palo Alto Networks has an analyst consensus of Strong Buy, with a price target consensus of $386.11, representing a 6.4% upside. In a report issued on February 12, Mizuho Securities also maintained a Buy rating on the stock with a $405.00 price target.
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