There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Intuit (INTU) and Smartsheet (SMAR) with bullish sentiments.
Intuit (INTU)
The company’s shares closed last Monday at $372.19, close to its 52-week high of $377.15.
According to TipRanks.com, Schneeberger is a 5-star analyst with an average return of 10.1% and a 63.4% success rate. Schneeberger covers the Services sector, focusing on stocks such as Service International, Fleetcor Technologies, and Target Hospitality.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Intuit with a $403.00 average price target.
See today’s analyst top recommended stocks >>
Smartsheet (SMAR)
Needham analyst Scott Berg assigned a Buy rating to Smartsheet today and set a price target of $80.00. The company’s shares closed last Monday at $62.47.
According to TipRanks.com, Berg is a top 25 analyst with an average return of 28.7% and a 73.3% success rate. Berg covers the Technology sector, focusing on stocks such as GTY Technology Holdings, BigCommerce Holdings, and Cornerstone Ondemand.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Smartsheet with a $70.00 average price target, representing a 13.3% upside. In a report released yesterday, Stephens also assigned a Buy rating to the stock with a $55.00 price target.
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