There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Elastic (ESTC – Research Report), Autodesk (ADSK – Research Report) and Clearwater Analytics Holdings (CWAN – Research Report) with bullish sentiments.
Elastic (ESTC)
In a report released today, Patrick Colville from Scotiabank reiterated a Buy rating on Elastic, with a price target of $154.00. The company’s shares closed last Thursday at $133.81.
According to TipRanks.com, Colville is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Elastic with a $134.92 average price target, which is a 4.6% upside from current levels. In a report issued on February 20, Truist Financial also maintained a Buy rating on the stock with a $140.00 price target.
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Autodesk (ADSK)
RBC Capital analyst Matthew Hedberg maintained a Buy rating on Autodesk today and set a price target of $320.00. The company’s shares closed last Thursday at $258.17, close to its 52-week high of $269.53.
According to TipRanks.com, Hedberg is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Autodesk with a $272.29 average price target, which is a 6.2% 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.
Clearwater Analytics Holdings (CWAN)
Loop Capital Markets analyst Yun Kim maintained a Buy rating on Clearwater Analytics Holdings today and set a price target of $25.00. The company’s shares closed last Thursday at $17.22.
According to TipRanks.com, Kim is a 5-star analyst with an average return of
Clearwater Analytics Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $22.43, a 30.3% upside from current levels. In a report issued on February 28, Wells Fargo also maintained a Buy rating on the stock with a $24.00 price target.
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Read More on ESTC:
- DA Davidson monitoring/observability analysts analyst/industry conference call
- Elastic price target raised to $145 from $115 at Wells Fargo
- ESTC Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Elastic price target raised to $150 from $125 at BofA
- JPMorgan ups Elastic target but ‘tactically cautious’ into earnings
