Analysts have been eager to weigh in on the Technology sector with new ratings on Autodesk (ADSK – Research Report), NetApp (NTAP – Research Report) and Elastic (ESTC – Research Report).
Autodesk (ADSK)
In a report released today, Saket Kalia from Barclays maintained a Buy rating on Autodesk, with a price target of $310.00. The company’s shares closed last Thursday at $258.17, close to its 52-week high of $269.53.
According to TipRanks.com, Kalia is a 5-star analyst with an average return of
Currently, the analyst consensus on Autodesk is a Moderate Buy with an average price target of $267.38, a 4.3% upside from current levels. In a report issued on February 20, Robert W. Baird also maintained a Buy rating on the stock with a $285.00 price target.
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NetApp (NTAP)
In a report released today, Tim Long from Barclays maintained a Hold rating on NetApp, with a price target of $100.00. The company’s shares closed last Thursday at $89.12, close to its 52-week high of $91.78.
According to TipRanks.com, Long is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for NetApp with a $94.33 average price target, which is a 5.2% upside from current levels. In a report issued on February 22, UBS also maintained a Hold rating on the stock with a $93.00 price target.
Elastic (ESTC)
In a report released today, Raimo Lenschow from Barclays maintained a Hold rating on Elastic, with a price target of $128.00. The company’s shares closed last Thursday at $133.81.
According to TipRanks.com, Lenschow is a 4-star analyst with an average return of
Elastic has an analyst consensus of Strong Buy, with a price target consensus of $139.92, representing an 8.5% upside. In a report issued on February 26, Monness also maintained a Hold rating on the stock.
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Read More on ADSK:
- Autodesk Enhances Investor Communication with Updated Materials
- AUTODESK, INC. ANNOUNCES FISCAL 2024 FOURTH QUARTER AND FULL-YEAR RESULTS
- Options Volatility and Implied Earnings Moves Today, February 29, 2024
- ADSK Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Autodesk price target raised to $307 from $276 at Citi
