There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Braze (BRZE – Research Report), Adobe (ADBE – Research Report) and CyberArk Software (CYBR – Research Report) with bullish sentiments.
Braze (BRZE)
In a report released today, Derrick Wood from TD Cowen reiterated a Buy rating on Braze, with a price target of $65.00. The company’s shares closed last Wednesday at $50.58.
According to TipRanks.com, Wood is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Braze with a $70.00 average price target, a 40.0% upside from current levels. 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 >>
Adobe (ADBE)
In a report released yesterday, Kirk Materne from Evercore ISI maintained a Buy rating on Adobe, with a price target of $650.00. The company’s shares closed last Wednesday at $504.40.
According to TipRanks.com, Materne is a 5-star analyst with an average return of
Adobe has an analyst consensus of Moderate Buy, with a price target consensus of $620.63, which is a 20.4% upside from current levels. In a report issued on March 14, RBC Capital also maintained a Buy rating on the stock with a $630.00 price target.
CyberArk Software (CYBR)
Robert W. Baird analyst Shrenik Kothari maintained a Buy rating on CyberArk Software yesterday and set a price target of $295.00. The company’s shares closed last Wednesday at $263.18, close to its 52-week high of $283.00.
According to TipRanks.com, Kothari is a top 100 analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for CyberArk Software with a $297.04 average price target, representing an 11.7% upside. In a report issued on March 13, Barclays also maintained a Buy rating on the stock with a $280.00 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.
Read More on BRZE:
