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Analysts Have Conflicting Sentiments on These Technology Companies: Oracle (ORCL) and Asana (ASAN)

Analysts have been eager to weigh in on the Technology sector with new ratings on Oracle (ORCLResearch Report) and Asana (ASANResearch Report).

Oracle (ORCL)

In a report released today, Mark Moerdler from Bernstein maintained a Buy rating on Oracle, with a price target of $159.00. The company’s shares closed last Monday at $114.13.

According to TipRanks.com, Moerdler is a 5-star analyst with an average return of 20.3% and a 80.5% success rate. Moerdler covers the Technology sector, focusing on stocks such as Salesforce, Snowflake, and Microsoft.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Oracle with a $132.03 average price target, implying a 18.3% upside from current levels. In a report issued on March 7, UBS also maintained a Buy rating on the stock with a $130.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Asana (ASAN)

In a report released today, Jason Celino from KeyBanc upgraded Asana to Hold. The company’s shares closed last Monday at $18.79.

According to TipRanks.com, Celino is a 5-star analyst with an average return of 10.5% and a 60.5% success rate. Celino covers the Technology sector, focusing on stocks such as Aspen Technology, Inc., Procore Technologies, and Instructure Holdings.

The word on The Street in general, suggests a Hold analyst consensus rating for Asana with a $21.57 average price target, representing a 14.1% upside. In a report released today, Jefferies also maintained a Hold rating on the stock with a $19.00 price target.

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