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Analysts Offer Insights on Technology Companies: Xiaomi (OtherXIACF), Kenvue, Inc. (KVUE) and Salesforce (CRM)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Xiaomi (XIACFResearch Report), Kenvue, Inc. (KVUEResearch Report) and Salesforce (CRMResearch Report) with bullish sentiments.

Xiaomi (XIACF)

In a report released today, Andy Meng from Morgan Stanley maintained a Buy rating on Xiaomi, with a price target of HK$20.00. The company’s shares closed last Tuesday at $2.03.

Meng has an average return of 7.3% when recommending Xiaomi.

According to TipRanks.com, Meng is ranked #4297 out of 8783 analysts.

Xiaomi has an analyst consensus of Strong Buy, with a price target consensus of $2.69, representing a 35.9% upside. In a report issued on April 12, Macquarie also initiated coverage with a Buy rating on the stock with a HK$29.39 price target.

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

Kenvue, Inc. (KVUE)

In a report released today, Anna Lizzul from Bank of America Securities maintained a Buy rating on Kenvue, Inc.. The company’s shares closed last Tuesday at $18.89, close to its 52-week low of $17.82.

According to TipRanks.com, Lizzul is a 4-star analyst with an average return of 18.7% and a 54.5% success rate. Lizzul covers the Consumer Goods sector, focusing on stocks such as Church & Dwight, Kimberly Clark, and Clorox.

Kenvue, Inc. has an analyst consensus of Moderate Buy, with a price target consensus of $21.44, representing a 12.4% upside. In a report issued on April 5, J.P. Morgan also maintained a Buy rating on the stock with a $23.00 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.

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