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Analysts’ Top Technology Picks: Intuit (INTU), CyberArk Software (CYBR)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Intuit (INTUResearch Report), CyberArk Software (CYBRResearch Report) and Adobe (ADBEResearch Report) with bullish sentiments.

Intuit (INTU)

Oppenheimer analyst Scott Schneeberger maintained a Buy rating on Intuit today and set a price target of $712.00. The company’s shares closed last Thursday at $650.04, close to its 52-week high of $671.01.

According to TipRanks.com, Schneeberger is a 5-star analyst with an average return of 11.9% and a 61.2% success rate. Schneeberger covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, United Rentals, and United Parcel.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Intuit with a $705.62 average price target, which is a 6.9% upside from current levels. In a report issued on March 1, Citi also maintained a Buy rating on the stock with a $744.00 price target.

See the top stocks recommended by analysts >>

CyberArk Software (CYBR)

Bank of America Securities analyst Tal Liani reiterated a Buy rating on CyberArk Software today and set a price target of $315.00. The company’s shares closed last Thursday at $259.15, close to its 52-week high of $283.00.

According to TipRanks.com, Liani is a 5-star analyst with an average return of 12.6% and a 59.7% success rate. Liani covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and CommScope Holding.

CyberArk Software has an analyst consensus of Strong Buy, with a price target consensus of $294.16, a 12.5% upside from current levels. In a report issued on March 11, Oppenheimer also maintained a Buy rating on the stock with a $310.00 price target.

Adobe (ADBE)

Oppenheimer analyst Brian Schwartz maintained a Buy rating on Adobe today and set a price target of $660.00. The company’s shares closed last Thursday at $570.45.

According to TipRanks.com, Schwartz is a top 100 analyst with an average return of 21.2% and a 63.9% success rate. Schwartz covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Zeta Global Holdings Corp, and PROS Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Adobe with a $629.60 average price target, an 8.9% upside from current levels. In a report issued on March 3, Wells Fargo also maintained a Buy rating on the stock with a $690.00 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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