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Analysts Offer Insights on Technology Companies: HubSpot (HUBS) and Marvell (MRVL)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on HubSpot (HUBSResearch Report) and Marvell (MRVLResearch Report) with bullish sentiments.

HubSpot (HUBS)

In a report released yesterday, Bradley Sills from Bank of America Securities reiterated a Buy rating on HubSpot, with a price target of $750.00. The company’s shares closed last Thursday at $657.85, close to its 52-week high of $693.85.

According to TipRanks.com, Sills is a 4-star analyst with an average return of 5.1% and a 49.8% success rate. Sills covers the Technology sector, focusing on stocks such as AvidXchange Holdings, Bill.com Holdings, and ServiceNow.

HubSpot has an analyst consensus of Strong Buy, with a price target consensus of $688.64, which is a 9.3% upside from current levels. In a report issued on March 22, Wells Fargo also maintained a Buy rating on the stock with a $725.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Marvell (MRVL)

Bank of America Securities analyst Vivek Arya maintained a Buy rating on Marvell yesterday and set a price target of $95.00. The company’s shares closed last Thursday at $70.88.

According to TipRanks.com, Arya is a top 25 analyst with an average return of 25.4% and a 68.1% success rate. Arya covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Advanced Micro Devices, and ARM Holdings PLC ADR.

Marvell has an analyst consensus of Strong Buy, with a price target consensus of $90.08, which is a 20.1% upside from current levels. In a report issued on March 28, Craig-Hallum also assigned a Buy rating to the stock.

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