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Analysts Conflicted on These Technology Names: WalkMe (WKME), Synopsys (SNPS) and Megaport Ltd. (OtherMGPPF)

Analysts have been eager to weigh in on the Technology sector with new ratings on WalkMe (WKMEResearch Report), Synopsys (SNPSResearch Report) and Megaport Ltd. (MGPPFResearch Report).

WalkMe (WKME)

BMO Capital analyst Keith Bachman maintained a Hold rating on WalkMe yesterday and set a price target of $11.50. The company’s shares closed last Wednesday at $10.10.

According to TipRanks.com, Bachman is a 5-star analyst with an average return of 10.7% and a 58.4% success rate. Bachman covers the Technology sector, focusing on stocks such as International Business Machines, TELUS International (CDA), and CrowdStrike Holdings.

Currently, the analyst consensus on WalkMe is a Moderate Buy with an average price target of $14.42, representing a 37.7% upside. In a report released yesterday, Morgan Stanley also maintained a Hold rating on the stock with a $12.00 price target.

See the top stocks recommended by analysts >>

Synopsys (SNPS)

Wells Fargo analyst Gary Mobley maintained a Buy rating on Synopsys yesterday and set a price target of $630.00. The company’s shares closed last Wednesday at $543.57.

According to TipRanks.com, Mobley is a 5-star analyst with an average return of 12.7% and a 57.8% success rate. Mobley covers the Technology sector, focusing on stocks such as ARM Holdings PLC ADR, Allegro MicroSystems, and Silicon Laboratories.

Currently, the analyst consensus on Synopsys is a Strong Buy with an average price target of $627.50, implying a 16.4% upside from current levels. In a report issued on February 20, Rosenblatt Securities also maintained a Buy rating on the stock with a $615.00 price target.

Megaport Ltd. (MGPPF)

In a report released today, Roger Samuel from Jefferies maintained a Buy rating on Megaport Ltd., with a price target of A$16.52. The company’s shares closed last Tuesday at $5.90.

Samuel has an average return of 23.9% when recommending Megaport Ltd..

According to TipRanks.com, Samuel is ranked #2823 out of 8729 analysts.

Megaport Ltd. has an analyst consensus of Strong Buy, with a price target consensus of $9.51, a 4.5% upside from current levels. In a report issued on February 20, Goldman Sachs also maintained a Buy rating on the stock.

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