Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Salesforce (CRM – Research Report), Matterport (MTTR – Research Report) and Palo Alto Networks (PANW – Research Report).
Salesforce (CRM)
In a report released today, J. Parker Lane from Stifel Nicolaus maintained a Buy rating on Salesforce, with a price target of $330.00. The company’s shares closed last Tuesday at $286.39, close to its 52-week high of $295.24.
According to TipRanks.com, Lane is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Salesforce with a $294.49 average price target, a 1.7% upside from current levels. In a report issued on February 9, Jefferies also maintained a Buy rating on the stock with a $325.00 price target.
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Matterport (MTTR)
Piper Sandler analyst Brent Bracelin maintained a Hold rating on Matterport today and set a price target of $3.00. The company’s shares closed last Tuesday at $2.54.
According to TipRanks.com, Bracelin is a 4-star analyst with an average return of
Currently, the analyst consensus on Matterport is a Moderate Buy with an average price target of $4.00.
Palo Alto Networks (PANW)
In a report released today, Adam Borg from Stifel Nicolaus maintained a Buy rating on Palo Alto Networks, with a price target of $330.00. The company’s shares closed last Tuesday at $366.09, close to its 52-week high of $380.84.
According to TipRanks.com, Borg is a 5-star analyst with an average return of
Currently, the analyst consensus on Palo Alto Networks is a Strong Buy with an average price target of $351.29, which is a -3.2% downside from current levels. 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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