Analysts have been eager to weigh in on the Technology sector with new ratings on Salesforce (CRM), Vicor (VICR) and Twitter (TWTR).
Salesforce (CRM)
In a report released today, Daniel Ives from Wedbush maintained a Buy rating on Salesforce, with a price target of $300.00. The company’s shares closed last Thursday at $231.08.
According to TipRanks.com, Ives is a top 100 analyst with an average return of 32.9% and a 69.3% success rate. Ives covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, Nuance Communications, and Slack Technologies.
Salesforce has an analyst consensus of Moderate Buy, with a price target consensus of $273.78, which is a 14.8% upside from current levels. In a report issued on February 16, Jefferies also reiterated a Buy rating on the stock with a $320.00 price target.
See today’s analyst top recommended stocks >>
Vicor (VICR)
Needham analyst Quinn Bolton maintained a Buy rating on Vicor today and set a price target of $110.00. The company’s shares closed last Thursday at $90.08.
According to TipRanks.com, Bolton is a top 25 analyst with an average return of 44.0% and a 79.0% success rate. Bolton covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Ultra Clean Holdings, and Axcelis Technologies.
Currently, the analyst consensus on Vicor is a Moderate Buy with an average price target of $97.50.
Twitter (TWTR)
Rosenblatt Securities analyst Mark Zgutowicz maintained a Hold rating on Twitter today and set a price target of $65.00. The company’s shares closed last Thursday at $74.59, close to its 52-week high of $80.75.
According to TipRanks.com, Zgutowicz is a top 100 analyst with an average return of 65.3% and a 78.4% success rate. Zgutowicz covers the Technology sector, focusing on stocks such as Spotify Technology SA, Manhattan Associates, and Pinterest.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Twitter with a $69.12 average price target, a -11.6% downside from current levels. In a report released yesterday, BMO Capital also maintained a Hold rating on the stock with a $75.00 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.
Read More on TWTR:
