Analysts Have Conflicting Sentiments on These Technology Companies: Intapp (INTA), Kenvue, Inc. (KVUE) and Elastic (ESTC)

Analysts have been eager to weigh in on the Technology sector with new ratings on Intapp (INTA – Research Report), Kenvue, Inc. (KVUE – Research Report) and Elastic (ESTC – Research Report).

Intapp (INTA)

In a report released today, Arvind Ramnani from Piper Sandler maintained a Buy rating on Intapp, with a price target of $52.00. The company’s shares closed last Friday at $41.82.

According to TipRanks.com, Ramnani is a 2-star analyst with an average return of -0.1% and a 50.3% success rate. Ramnani covers the Technology sector, focusing on stocks such as Thoughtworks Holding, Epam Systems, and Dayforce Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Intapp with a $50.44 average price target, representing a 22.0% upside. In a report issued on February 14, Stifel Nicolaus also maintained a Buy rating on the stock with a $47.00 price target.

See the top stocks recommended by analysts >>

Kenvue, Inc. (KVUE)

In a report released today, Korinne Wolfmeyer from Piper Sandler reiterated a Hold rating on Kenvue, Inc., with a price target of $20.00. The company’s shares closed last Friday at $19.18, close to its 52-week low of $17.82.

According to TipRanks.com, Wolfmeyer is a 4-star analyst with an average return of 7.1% and a 59.6% success rate. Wolfmeyer covers the NA sector, focusing on stocks such as The Estée Lauder Companies, European Wax Center, and Xponential Fitness.

Currently, the analyst consensus on Kenvue, Inc. is a Moderate Buy with an average price target of $23.44.

Elastic (ESTC)

Monness analyst Brian White maintained a Hold rating on Elastic today. The company’s shares closed last Friday at $129.62, close to its 52-week high of $133.59.

According to TipRanks.com, White is a top 100 analyst with an average return of 21.4% and a 67.4% success rate. White covers the Technology sector, focusing on stocks such as Palantir Technologies, Salesforce, and Snowflake.

Elastic has an analyst consensus of Moderate Buy, with a price target consensus of $122.53, implying a -5.0% downside from current levels. In a report issued on February 20, Barclays also maintained a Hold rating on the stock with a $130.00 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.

Read More on INTA:

• Intapp to hold investor day
• Intapp announces vertical AI capabilities designed to significantly enhance productivity for professionals
• Intapp Announces Plan to Acquire AI Software Company delphai
• Intapp announces new vertical AI capabilities, refreshed branding
• Intapp to acquire AI software company delphai, terms not disclosed