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Analysts Offer Insights on Technology Companies: Braze (BRZE), nCino (NCNO) and A10 Networks (ATEN)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Braze (BRZEResearch Report), nCino (NCNOResearch Report) and A10 Networks (ATENResearch Report).

Braze (BRZE)

Wells Fargo analyst Michael Berg maintained a Buy rating on Braze today and set a price target of $75.00. The company’s shares closed last Monday at $50.57.

According to TipRanks.com, Berg is a 2-star analyst with an average return of 3.2% and a 38.5% success rate. Berg covers the Technology sector, focusing on stocks such as CSG Systems International, Everbridge, and Smartsheet.

Currently, the analyst consensus on Braze is a Strong Buy with an average price target of $74.00, which is a 46.2% upside from current levels. In a report issued on March 4, Barclays also assigned a Buy rating to the stock with a $80.00 price target.

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nCino (NCNO)

Barclays analyst Saket Kalia maintained a Hold rating on nCino today and set a price target of $34.00. The company’s shares closed last Monday at $29.89.

According to TipRanks.com, Kalia is a 5-star analyst with an average return of 15.8% and a 61.8% success rate. Kalia covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, CrowdStrike Holdings, and Procore Technologies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for nCino with a $35.50 average price target, implying a 19.4% upside from current levels. In a report issued on March 15, Morgan Stanley also upgraded the stock to Hold with a $27.00 price target.

A10 Networks (ATEN)

BTIG analyst Gray Powell maintained a Hold rating on A10 Networks yesterday. The company’s shares closed last Monday at $13.38.

According to TipRanks.com, Powell is a 5-star analyst with an average return of 10.4% and a 54.4% success rate. Powell covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and SentinelOne.

A10 Networks has an analyst consensus of Moderate Buy, with a price target consensus of $16.00.

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