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Analysts Have Conflicting Sentiments on These Technology Companies: Shopify (SHOP) and CrowdStrike Holdings (CRWD)

Analysts have been eager to weigh in on the Technology sector with new ratings on Shopify (SHOPResearch Report) and CrowdStrike Holdings (CRWDResearch Report).

Shopify (SHOP)

In a report released today, Clarke Jeffries from Piper Sandler maintained a Sell rating on Shopify, with a price target of $63.00. The company’s shares closed last Wednesday at $71.98.

According to TipRanks.com, Jeffries is a 3-star analyst with an average return of 3.3% and a 53.3% success rate. Jeffries covers the Technology sector, focusing on stocks such as Tyler Technologies, SEMrush Holdings, and Shift4 Payments.

Currently, the analyst consensus on Shopify is a Moderate Buy with an average price target of $82.92.

See Insiders’ Hot Stocks on TipRanks >>

CrowdStrike Holdings (CRWD)

In a report released today, Rob Owens from Piper Sandler maintained a Buy rating on CrowdStrike Holdings, with a price target of $400.00. The company’s shares closed last Wednesday at $312.53.

According to TipRanks.com, Owens is a top 100 analyst with an average return of 23.2% and a 65.4% success rate. Owens covers the Technology sector, focusing on stocks such as Palo Alto Networks, Tenable Holdings, and Varonis Systems.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for CrowdStrike Holdings with a $396.45 average price target.

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