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Analysts’ Top Technology Picks: Braze (BRZE), Intuit (INTU)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Braze (BRZEResearch Report) and Intuit (INTUResearch Report) with bullish sentiments.

Braze (BRZE)

Canaccord Genuity analyst David Hynes maintained a Buy rating on Braze yesterday and set a price target of $70.00. The company’s shares closed last Monday at $50.97.

According to TipRanks.com, Hynes is a 5-star analyst with an average return of 11.3% and a 56.7% success rate. Hynes covers the Technology sector, focusing on stocks such as Zeta Global Holdings Corp, Klaviyo, Inc. Class A, and Procore Technologies.

Currently, the analyst consensus on Braze is a Strong Buy with an average price target of $70.63, representing a 35.3% upside. In a report issued on March 22, Barclays also initiated coverage with a Buy rating on the stock with a $80.00 price target.

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

Intuit (INTU)

In a report released today, Daniel Jester from BMO Capital maintained a Buy rating on Intuit, with a price target of $700.00. The company’s shares closed last Monday at $639.09, close to its 52-week high of $671.01.

According to TipRanks.com, Jester is a 4-star analyst with an average return of 12.0% and a 60.4% success rate. Jester covers the Technology sector, focusing on stocks such as Procore Technologies, Bill.com Holdings, and Dayforce Inc.

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 10.7% upside from current levels. In a report issued on March 11, Oppenheimer also maintained a Buy rating on the stock with a $712.00 price target.

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