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Analysts Offer Insights on Technology Companies: Salesforce (CRM), Nutanix (NTNX) and DoubleVerify Holdings (DV)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Salesforce (CRMResearch Report), Nutanix (NTNXResearch Report) and DoubleVerify Holdings (DVResearch Report) with bullish sentiments.

Salesforce (CRM)

In a report released today, Patrick Walravens from JMP Securities maintained a Buy rating on Salesforce, with a price target of $342.00. The company’s shares closed last Wednesday at $299.77, close to its 52-week high of $303.83.

According to TipRanks.com, Walravens has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -7.6% and a 38.4% success rate. Walravens covers the Technology sector, focusing on stocks such as Zoom Video Communications, ZoomInfo Technologies, and DigitalOcean Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Salesforce with a $303.06 average price target, representing a 1.2% upside. In a report issued on February 20, Barclays also maintained a Buy rating on the stock with a $325.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Nutanix (NTNX)

In a report released today, Erik Suppiger from JMP Securities maintained a Buy rating on Nutanix, with a price target of $70.00. The company’s shares closed last Wednesday at $59.04, close to its 52-week high of $59.87.

According to TipRanks.com, Suppiger is a 5-star analyst with an average return of 19.6% and a 57.8% success rate. Suppiger covers the Technology sector, focusing on stocks such as Cambium Networks, Arista Networks, and Aviat Networks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nutanix with a $58.69 average price target, representing a 1.3% upside. In a report issued on February 26, J.P. Morgan also maintained a Buy rating on the stock with a $65.00 price target.

DoubleVerify Holdings (DV)

In a report released today, Andrew Boone from JMP Securities maintained a Buy rating on DoubleVerify Holdings, with a price target of $40.00. The company’s shares closed last Wednesday at $39.24.

According to TipRanks.com, Boone is a 4-star analyst with an average return of 6.1% and a 52.7% success rate. Boone covers the Technology sector, focusing on stocks such as ODDITY Tech Ltd. Class A, Uber Technologies, and Unity Software.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for DoubleVerify Holdings with a $43.92 average price target, which is a 16.8% upside from current levels. In a report issued on February 26, KeyBanc also maintained a Buy rating on the stock with a $48.00 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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