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Analysts Offer Insights on Technology Companies: Intuit (INTU) and Cisco Systems (CSCO)

Analysts have been eager to weigh in on the Technology sector with new ratings on Intuit (INTUResearch Report) and Cisco Systems (CSCOResearch Report).

Intuit (INTU)

In a report released today, Alex Markgraff from KeyBanc reiterated a Buy rating on Intuit, with a price target of $700.00. The company’s shares closed last Monday at $630.39, close to its 52-week high of $671.01.

According to TipRanks.com, Markgraff is a 3-star analyst with an average return of 5.5% and a 56.8% success rate. Markgraff covers the Technology sector, focusing on stocks such as AvidXchange Holdings, Alkami Technology, and Robinhood Markets.

Currently, the analyst consensus on Intuit is a Strong Buy with an average price target of $705.62, implying an 12.0% upside from current levels. In a report issued on March 8, Citi also maintained a Buy rating on the stock with a $744.00 price target.

See today’s best-performing stocks on TipRanks >>

Cisco Systems (CSCO)

In a report released today, Thomas Blakey from KeyBanc maintained a Hold rating on Cisco Systems. The company’s shares closed last Monday at $49.27.

According to TipRanks.com, Blakey is a 4-star analyst with an average return of 10.1% and a 58.2% success rate. Blakey covers the Technology sector, focusing on stocks such as Zoom Video Communications, CommVault Systems, and Juniper Networks.

The word on The Street in general, suggests a Hold analyst consensus rating for Cisco Systems with a $52.50 average price target.

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