There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Everbridge Inc (NASDAQ: EVBG) and ServiceNow (NYSE: NOW) with bullish sentiments.
Everbridge Inc (NASDAQ: EVBG)
Raymond James analyst Brian Peterson maintained a Buy rating on Everbridge Inc (NASDAQ: EVBG) today and set a price target of $43. The company’s shares closed yesterday at $39.65, close to its 52-week high of $40.81.
According to TipRanks.com, Peterson is a top 100 analyst with an average return of 31.3% and a 88.3% success rate. Peterson covers the Technology sector, focusing on stocks such as Coupa Software Inc, Castlight Health, and Upland Software.
Currently, the analyst consensus on Everbridge Inc is Strong Buy and the average price target is $44.50, representing a 12.2% upside.
In a report released yesterday, KeyBanc also maintained a Buy rating on the stock with a $45 price target.
Find more picks by Best Performing Analysts >>
ServiceNow (NYSE: NOW)
In a report released today, Michael Turits from Raymond James maintained a Buy rating on ServiceNow (NYSE: NOW), with a price target of $202. The company’s shares closed yesterday at $176.02, close to its 52-week high of $176.89.
According to TipRanks.com, Turits is a top 100 analyst with an average return of 22.1% and a 76.2% success rate. Turits covers the Technology sector, focusing on stocks such as Oracle Corp, FireEye Inc, and Mobile Iron.
Currently, the analyst consensus on ServiceNow is Strong Buy and the average price target is $184.87, representing a 5.0% upside.
In a report issued on April 23, Piper Jaffray also reiterated a Buy rating on the stock with a $185 price target.
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.
