Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Tableau (NYSE:DATA) and Symantec Corp (NASDAQ:SYMC).
Tableau (DATA)
Cowen & Co. analyst Derrick Wood reiterated a Hold rating on Tableau today and set a price target of $103. The company’s shares closed yesterday at $110.16, close to its 52-week high of $112.42.
According to TipRanks.com, Wood is a 5-star analyst with an average return of 26.8% and a 77.7% success rate. Wood covers the Technology sector, focusing on stocks such as Salesforce.com, New Relic Inc, and Oracle Corp.
Tableau has an analyst consensus of Moderate Buy, with a price target consensus of $117.15, which is a 6.3% upside from current levels. In a report issued on July 23, Morgan Stanley also maintained a Hold rating on the stock with a $119 price target.
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Symantec Corp (SYMC)
In a report released today, Gregg Moskowitz from Cowen & Co. reiterated a Sell rating on Symantec Corp, with a price target of $18. The company’s shares closed yesterday at $20.88, close to its 52-week low of $18.85.
According to TipRanks.com, Moskowitz is a 5-star analyst with an average return of 18.4% and a 66.7% success rate. Moskowitz covers the Technology sector, focusing on stocks such as Citrix Systems, Check Point, and Appian Corp.
The word on The Street in general, suggests a Hold analyst consensus rating for Symantec Corp with a $22.54 average price target.
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