Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Autodesk (ADSK), Nutanix (NTNX) and NetApp (NTAP).
Autodesk (ADSK)
In a report released today, Keith Weiss from Morgan Stanley maintained a Hold rating on Autodesk, with a price target of $190.00. The company’s shares closed last Wednesday at $199.81, close to its 52-week high of $211.58.
According to TipRanks.com, Weiss is a 5-star analyst with an average return of 16.8% and a 69.6% success rate. Weiss covers the Technology sector, focusing on stocks such as Palo Alto Networks, Slack Technologies, and NortonLifeLock.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Autodesk with a $206.77 average price target, a 4.1% upside from current levels. In a report issued on May 22, Wedbush also maintained a Hold rating on the stock with a $205.00 price target.
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Nutanix (NTNX)
In a report released today, Alex Kurtz from KeyBanc maintained a Buy rating on Nutanix, with a price target of $35.00. The company’s shares closed last Wednesday at $24.91.
According to TipRanks.com, Kurtz is a 5-star analyst with an average return of 12.1% and a 62.1% success rate. Kurtz covers the Technology sector, focusing on stocks such as Zoom Video Communications, Cisco Systems, and Epam Systems.
Nutanix has an analyst consensus of Moderate Buy, with a price target consensus of $26.55, representing a 7.9% upside. In a report released today, Robert W. Baird also maintained a Buy rating on the stock with a $25.00 price target.
NetApp (NTAP)
In a report released today, Kathryn Huberty from Morgan Stanley maintained a Sell rating on NetApp, with a price target of $34.00. The company’s shares closed last Wednesday at $46.30.
According to TipRanks.com, Huberty is a 5-star analyst with an average return of 10.7% and a 60.8% success rate. Huberty covers the Technology sector, focusing on stocks such as International Business Machines, Hewlett Packard Enterprise, and Dell Technologies.
The word on The Street in general, suggests a Hold analyst consensus rating for NetApp with a $45.63 average price target, a 0.4% upside from current levels. In a report released today, Citigroup also maintained a Sell rating on the stock with a $37.00 price target.
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