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Analysts’ Opinions Are Mixed on These Technology Stocks: Intuit (INTU), Informatica (INFA) and HashiCorp (HCP)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Intuit (INTUResearch Report), Informatica (INFAResearch Report) and HashiCorp (HCPResearch Report).

Intuit (INTU)

Piper Sandler analyst Arvind Ramnani maintained a Buy rating on Intuit today and set a price target of $750.00. The company’s shares closed last Thursday at $657.92, close to its 52-week high of $664.83.

According to TipRanks.com, Ramnani is a 2-star analyst with an average return of -0.1% and a 50.5% success rate. Ramnani covers the Technology sector, focusing on stocks such as Thoughtworks Holding, Epam Systems, and Dayforce Inc.

Currently, the analyst consensus on Intuit is a Strong Buy with an average price target of $713.06, implying a 9.7% upside from current levels. In a report issued on February 12, Bank of America Securities also maintained a Buy rating on the stock with a $725.00 price target.

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Informatica (INFA)

Scotiabank analyst Patrick Colville maintained a Hold rating on Informatica today and set a price target of $37.00. The company’s shares closed last Thursday at $32.60, close to its 52-week high of $36.00.

According to TipRanks.com, Colville is a 2-star analyst with an average return of -0.1% and a 50.0% success rate. Colville covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and Check Point.

Informatica has an analyst consensus of Moderate Buy, with a price target consensus of $38.00, a 16.4% upside from current levels. In a report issued on February 11, Citi also maintained a Hold rating on the stock with a $33.00 price target.

HashiCorp (HCP)

Scotiabank analyst Nick Altmann maintained a Hold rating on HashiCorp today and set a price target of $21.00. The company’s shares closed last Thursday at $21.61, close to its 52-week low of $18.91.

According to TipRanks.com, Altmann is a 4-star analyst with an average return of 9.5% and a 55.6% success rate. Altmann covers the Technology sector, focusing on stocks such as Procore Technologies, Freshworks, and Atlassian.

HashiCorp has an analyst consensus of Moderate Buy, with a price target consensus of $25.69.

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