Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Atlassian (TEAM – Research Report), Microsoft (MSFT – Research Report) and SPS Commerce (SPSC – Research Report).
Atlassian (TEAM)
In a report released today, Joel Fishbein from Truist Financial maintained a Hold rating on Atlassian, with a price target of $200.00. The company’s shares closed last Thursday at $198.41.
According to TipRanks.com, Fishbein is a 5-star analyst with an average return of
Atlassian has an analyst consensus of Moderate Buy, with a price target consensus of $245.50, which is a 25.9% upside from current levels. In a report released yesterday, BMO Capital also maintained a Hold rating on the stock with a $220.00 price target.
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Microsoft (MSFT)
In a report released today, Yun Kim from Loop Capital Markets maintained a Buy rating on Microsoft, with a price target of $500.00. The company’s shares closed last Thursday at $399.04.
According to TipRanks.com, Kim is a 5-star analyst with an average return of
Currently, the analyst consensus on Microsoft is a Strong Buy with an average price target of $487.46, implying a 23.7% upside from current levels. In a report issued on April 12, BMO Capital also reiterated a Buy rating on the stock with a $465.00 price target.
SPS Commerce (SPSC)
Loop Capital Markets analyst Mark Schappel reiterated a Buy rating on SPS Commerce today and set a price target of $205.00. The company’s shares closed last Thursday at $169.43.
According to TipRanks.com, Schappel is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for SPS Commerce with a $200.67 average price target, a 19.4% upside from current levels. In a report released today, Needham also maintained a Buy rating on the stock with a $205.00 price target.
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Read More on TEAM:
- Atlassian Co-Founder Transitions to Advisory Role
- Atlassian Stock (NASDAQ:TEAM): Analysts Expect Lots of Upside; They’re Probably Right
- Jefferies software/Internet analyst to hold analyst/industry conference call
- Atlassian price target lowered to $240 from $265 at Mizuho
- Atlassian put volume heavy and directionally bearish
