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Analysts Have Conflicting Sentiments on These Technology Companies: Globant SA (GLOB), CCC Intelligent Solutions Holdings (CCCS) and Applied Materials (AMAT)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Globant SA (GLOBResearch Report), CCC Intelligent Solutions Holdings (CCCSResearch Report) and Applied Materials (AMATResearch Report).

Globant SA (GLOB)

Scotiabank analyst Divya Goyal reiterated a Hold rating on Globant SA today and set a price target of $190.00. The company’s shares closed last Thursday at $177.73.

According to TipRanks.com, Goyal is a 1-star analyst with an average return of -3.3% and a 38.2% success rate. Goyal covers the Technology sector, focusing on stocks such as Kyndryl Holdings Incorporation, Quisitive Technology Solutions, and TELUS International (CDA).

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Globant SA with a $228.58 average price target, a 28.2% upside from current levels. In a report released yesterday, Bank of America Securities also maintained a Hold rating on the stock with a $216.00 price target.

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

CCC Intelligent Solutions Holdings (CCCS)

In a report released today, Shlomo Rosenbaum from Stifel Nicolaus maintained a Buy rating on CCC Intelligent Solutions Holdings, with a price target of $14.00. The company’s shares closed last Thursday at $10.98.

According to TipRanks.com, Rosenbaum is ranked #1856 out of 8864 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CCC Intelligent Solutions Holdings with a $14.22 average price target, a 31.4% upside from current levels. In a report issued on May 15, Goldman Sachs also maintained a Buy rating on the stock.

Applied Materials (AMAT)

In a report released today, Brian Chin from Stifel Nicolaus reiterated a Buy rating on Applied Materials, with a price target of $240.00. The company’s shares closed last Thursday at $214.03, close to its 52-week high of $218.75.

According to TipRanks.com, Chin is a 5-star analyst with an average return of 29.8% and a 69.3% success rate. Chin covers the Technology sector, focusing on stocks such as Smart Global Holdings, Onto Innovation, and Ichor Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Applied Materials with a $232.89 average price target, representing a 6.7% upside. In a report released today, TD Cowen also reiterated a Buy rating on the stock with a $250.00 price target.

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