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Analysts’ Opinions Are Mixed on These Technology Stocks: Snowflake (SNOW), Maxlinear (MXL) and New Oriental Education Tech (EDU)

Analysts have been eager to weigh in on the Technology sector with new ratings on Snowflake (SNOWResearch Report), Maxlinear (MXLResearch Report) and New Oriental Education Tech (EDUResearch Report).

Snowflake (SNOW)

In a report released yesterday, Michael Turrin from Wells Fargo maintained a Buy rating on Snowflake, with a price target of $225.00. The company’s shares closed last Wednesday at $154.99.

According to TipRanks.com, Turrin has 0 stars on 0-5 stars ranking scale with an average return of -3.9% and a 46.4% success rate. Turrin covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Zoom Video Communications, and CSG Systems International.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Snowflake with a $208.80 average price target, a 36.5% upside from current levels. In a report issued on April 11, KeyBanc also initiated coverage with a Buy rating on the stock with a $185.00 price target.

See the top stocks recommended by analysts >>

Maxlinear (MXL)

Wells Fargo analyst Gary Mobley maintained a Hold rating on Maxlinear yesterday and set a price target of $20.00. The company’s shares closed last Wednesday at $20.93.

According to TipRanks.com, Mobley is a 5-star analyst with an average return of 10.7% and a 55.2% success rate. Mobley covers the Technology sector, focusing on stocks such as ARM Holdings PLC ADR, Silicon Laboratories, and Skyworks Solutions.

Currently, the analyst consensus on Maxlinear is a Moderate Buy with an average price target of $24.00, a 14.2% upside from current levels. In a report released yesterday, Craig-Hallum also assigned a Hold rating to the stock.

New Oriental Education Tech (EDU)

Bank of America Securities analyst Lucy Yu reiterated a Buy rating on New Oriental Education Tech today and set a price target of $111.20. The company’s shares closed last Wednesday at $77.08.

Yu has an average return of 53.8% when recommending New Oriental Education Tech.

According to TipRanks.com, Yu is ranked #1432 out of 8795 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for New Oriental Education Tech with a $100.93 average price target, a 19.4% upside from current levels. In a report released yesterday, Jefferies also maintained a Buy rating on the stock with a $93.00 price target.

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