There’s a lot to be optimistic about in the Technology sector as 1 analysts just weighed in on and Qualtrics International (XM) with bullish sentiments.
Qualtrics International (XM)
Raymond James analyst Brian Peterson reiterated a Buy rating on Qualtrics International on March 9 and set a price target of $55.00. The company’s shares closed last Tuesday at $36.01.
According to TipRanks.com, Peterson is a top 100 analyst with an average return of 33.7% and a 74.7% success rate. Peterson covers the Technology sector, focusing on stocks such as Duck Creek Technologies, ZoomInfo Technologies, and Manhattan Associates.
Qualtrics International has an analyst consensus of Moderate Buy, with a price target consensus of $48.65, representing a 31.3% upside. In a report issued on February 22, Deutsche Bank also initiated coverage with a Buy rating on the stock with a $56.00 price target.
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