Analysts Offer Insights on Technology Companies: CDW Corp (NASDAQ: CDW) and Snap Inc (NYSE: SNAP)


Companies in the Technology sector have received a lot of coverage today as analysts weigh in on CDW Corp (NASDAQ: CDW) and Snap Inc (NYSE: SNAP).

CDW Corp (NASDAQ: CDW)

In a report released today, Jayson Noland from Robert W. Baird maintained a Buy rating on CDW Corp (NASDAQ: CDW), with a price target of $80. The company’s shares closed yesterday at $72.37.

According to TipRanks.com, Noland is a 5-star analyst with an average return of 16.4% and a 65.5% success rate. Noland covers the Consumer Goods sector, focusing on stocks such as Hewlett Packard Enterprise, Palo Alto Networks, and Juniper Networks.

CDW Corp has an analyst consensus of Moderate Buy, with a price target consensus of $80.80.

Find more picks by Best Performing Analysts >>

Snap Inc (NYSE: SNAP)

In a report released today, Peter Stabler from Wells Fargo maintained a Hold rating on Snap Inc (NYSE: SNAP), with a price target of $12. The company’s shares closed yesterday at $14.13.

According to TipRanks.com, Stabler is a 5-star analyst with an average return of 27.0% and a 74.1% success rate. Stabler covers the Technology sector, focusing on stocks such as ANGI Homeservices Inc, IAC/InterActiveCorp, and Match Group Inc.

Currently, the analyst consensus on Snap Inc is Hold and the average price target is $15.42, representing a 9.1% upside.

In a report issued on April 27, Wedbush also maintained a Hold rating on the stock with a $12.50 price target.

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