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Analysts Offer Insights on Technology Companies: Docebo (DCBO) and Microsoft (MSFT)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Docebo (DCBOResearch Report) and Microsoft (MSFTResearch Report) with bullish sentiments.

Docebo (DCBO)

Stifel Nicolaus analyst Suthan Sukumar reiterated a Buy rating on Docebo today and set a price target of $70.00. The company’s shares closed last Friday at $53.39, close to its 52-week high of $55.00.

Sukumar has an average return of 5.5% when recommending Docebo.

According to TipRanks.com, Sukumar is ranked #6311 out of 8742 analysts.

Currently, the analyst consensus on Docebo is a Strong Buy with an average price target of $65.20, implying a 27.3% upside from current levels. In a report released today, Scotiabank also maintained a Buy rating on the stock with a $65.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Microsoft (MSFT)

In a report released today, Yun Kim from Loop Capital Markets maintained a Buy rating on Microsoft, with a price target of $500.00. The company’s shares closed last Friday at $410.34, close to its 52-week high of $420.82.

According to TipRanks.com, Kim is a 5-star analyst with an average return of 19.5% and a 66.7% success rate. Kim covers the Technology sector, focusing on stocks such as Klaviyo, Inc. Class A, DoubleVerify Holdings, and Palo Alto Networks.

Currently, the analyst consensus on Microsoft is a Strong Buy with an average price target of $469.58, which is a 13.0% upside from current levels. In a report issued on February 20, Bernstein also maintained a Buy rating on the stock with a $465.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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