There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on NEXTracker, Inc. Class A (NXT – Research Report), Nvidia (NVDA – Research Report) and Atlassian (TEAM – Research Report) with bullish sentiments.
NEXTracker, Inc. Class A (NXT)
In a report released yesterday, Julien Dumoulin Smith from Bank of America Securities reiterated a Buy rating on NEXTracker, Inc. Class A, with a price target of $60.00. The company’s shares closed last Tuesday at $51.19.
According to TipRanks.com, Smith is a 4-star analyst with an average return of
Currently, the analyst consensus on NEXTracker, Inc. Class A is a Strong Buy with an average price target of $64.11, which is a 26.1% upside from current levels. In a report issued on March 29, Daiwa also initiated coverage with a Buy rating on the stock with a $63.00 price target.
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Nvidia (NVDA)
Bank of America Securities analyst Vivek Arya maintained a Buy rating on Nvidia yesterday and set a price target of $1100.00. The company’s shares closed last Tuesday at $853.54.
According to TipRanks.com, Arya is a top 25 analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nvidia with a $989.53 average price target, representing a 13.2% upside. In a report issued on April 8, KeyBanc also maintained a Buy rating on the stock with a $1200.00 price target.
Atlassian (TEAM)
In a report released yesterday, Michael Turrin from Wells Fargo maintained a Buy rating on Atlassian, with a price target of $285.00. The company’s shares closed last Tuesday at $202.92.
According to TipRanks.com, Turrin has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Atlassian with a $255.05 average price target, representing a 27.0% upside. In a report issued on April 4, Jefferies also assigned a Buy rating to the stock with a $300.00 price target.
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