There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Confluent (CFLT – Research Report), Unity Software (U – Research Report) and Applied Materials (AMAT – Research Report) with bullish sentiments.
Confluent (CFLT)
Wells Fargo analyst Michael Turrin maintained a Buy rating on Confluent today and set a price target of $36.00. The company’s shares closed last Monday at $33.24.
According to TipRanks.com, Turrin 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 Confluent with a $33.23 average price target, representing a -0.2% downside. In a report issued on February 21, Stifel Nicolaus also initiated coverage with a Buy rating on the stock with a $40.00 price target.
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Unity Software (U)
William Blair analyst Dylan Becker maintained a Buy rating on Unity Software today. The company’s shares closed last Monday at $33.04.
According to TipRanks.com, Becker is a 4-star analyst with an average return of
Currently, the analyst consensus on Unity Software is a Moderate Buy with an average price target of $36.18, implying a 14.6% upside from current levels. In a report issued on February 23, Stifel Nicolaus also maintained a Buy rating on the stock with a $35.00 price target.
Applied Materials (AMAT)
Wells Fargo analyst Joseph Quatrochi assigned a Buy rating to Applied Materials yesterday and set a price target of $250.00. The company’s shares closed last Monday at $203.55, close to its 52-week high of $206.77.
According to TipRanks.com, Quatrochi is a 5-star analyst with an average return of
Currently, the analyst consensus on Applied Materials is a Moderate Buy with an average price target of $217.52, representing an 8.9% upside. In a report issued on February 20, Argus Research also maintained a Buy rating on the stock with a $230.00 price target.
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