Companies in the Technology sector have received a lot of coverage today as analysts weigh in on HashiCorp (HCP – Research Report), ServiceNow (NOW – Research Report) and Fortive (FTV – Research Report).
HashiCorp (HCP)
Needham analyst Alex Henderson downgraded HashiCorp to Hold today. The company’s shares closed last Wednesday at $31.41.
According to TipRanks.com, Henderson is a 5-star analyst with an average return of
HashiCorp has an analyst consensus of Moderate Buy, with a price target consensus of $30.73, which is a 3.6% upside from current levels. In a report released yesterday, BTIG also downgraded the stock to Hold.
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ServiceNow (NOW)
In a report released yesterday, Matthew Hedberg from RBC Capital maintained a Buy rating on ServiceNow, with a price target of $850.00. The company’s shares closed last Wednesday at $746.29.
According to TipRanks.com, Hedberg is a 5-star analyst with an average return of
ServiceNow has an analyst consensus of Strong Buy, with a price target consensus of $881.90, a 17.0% upside from current levels. In a report issued on April 23, China Renaissance also initiated coverage with a Buy rating on the stock with a $946.00 price target.
Fortive (FTV)
In a report released today, Deane Dray from RBC Capital maintained a Hold rating on Fortive, with a price target of $83.00. The company’s shares closed last Wednesday at $76.05.
According to TipRanks.com, Dray is a 5-star analyst with an average return of
Currently, the analyst consensus on Fortive is a Moderate Buy with an average price target of $90.17, representing a 20.8% upside. In a report issued on April 17, J.P. Morgan also downgraded the stock to Hold with a $90.00 price target.
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