There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on ServiceNow (NOW – Research Report), Phunware (PHUN – Research Report) and Jabil (JBL – Research Report) with bullish sentiments.
ServiceNow (NOW)
In a report issued on May 17, Michael Turrin from Wells Fargo maintained a Buy rating on ServiceNow, with a price target of $900.00. The company’s shares closed last Friday at $765.05, close to its 52-week high of $815.32.
According to TipRanks.com, Turrin has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
Currently, the analyst consensus on ServiceNow is a Strong Buy with an average price target of $866.27, representing a 13.2% upside. In a report issued on May 7, JMP Securities also maintained a Buy rating on the stock with a $825.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
Phunware (PHUN)
In a report released today, Scott Buck from H.C. Wainwright maintained a Buy rating on Phunware, with a price target of $12.00. The company’s shares closed last Friday at $6.93, close to its 52-week low of $3.50.
According to TipRanks.com, Buck ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Phunware with a $18.00 average price target, which is a 164.3% upside from current levels. In a report issued on May 6, Roth MKM also maintained a Buy rating on the stock with a $20.00 price target.
Jabil (JBL)
Bank of America Securities analyst Ruplu Bhattacharya maintained a Buy rating on Jabil on May 17 and set a price target of $150.00. The company’s shares closed last Friday at $115.02.
According to TipRanks.com, Bhattacharya is a 1-star analyst with an average return of
Currently, the analyst consensus on Jabil is a Strong Buy with an average price target of $149.00.
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.
Read More on NOW:
- 3 High Dollar Volume Stocks with Room to Grow, According to Analysts
- ServiceNow Stock (NYSE:NOW): AI Innovations Drive Customer and Revenue Growth
- ServiceNow announces expansion of relationship with Equinix
- ServiceNow showcases gen AI service agents using Nvidia AI enterprise software
- ServiceNow announces collaboration agreement with IBM
