Analysts have been eager to weigh in on the Technology sector with new ratings on CenturyLink (CTL), Intuit (INTU) and Nvidia (NVDA).
CenturyLink (CTL)
In a report released today, Simon Flannery from Morgan Stanley maintained a Hold rating on CenturyLink, with a price target of $13.80. The company’s shares closed last Friday at $9.68.
According to TipRanks.com, Flannery is a 5-star analyst with an average return of 8.2% and a 66.4% success rate. Flannery covers the Technology sector, focusing on stocks such as United States Cellular, T Mobile US, and Verizon.
Currently, the analyst consensus on CenturyLink is a Hold with an average price target of $9.75, a 0.2% upside from current levels. In a report issued on May 8, RBC Capital also maintained a Hold rating on the stock with a $10.00 price target.
See today’s analyst top recommended stocks >>
Intuit (INTU)
Morgan Stanley analyst Keith Weiss maintained a Hold rating on Intuit today and set a price target of $290.00. The company’s shares closed last Friday at $283.55.
According to TipRanks.com, Weiss is a 5-star analyst with an average return of 16.8% and a 70.9% 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 Intuit with a $307.13 average price target, implying a 7.3% upside from current levels. In a report released today, Citigroup also maintained a Hold rating on the stock with a $292.00 price target.
Nvidia (NVDA)
In a report released today, Vivek Arya from Merrill Lynch reiterated a Buy rating on Nvidia, with a price target of $420.00. The company’s shares closed last Friday at $361.31, close to its 52-week high of $363.50.
According to TipRanks.com, Arya is a 5-star analyst with an average return of 18.0% and a 59.2% success rate. Arya covers the Technology sector, focusing on stocks such as Advanced Micro Devices, NXP Semiconductors, and Skyworks Solutions.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nvidia with a $378.56 average price target, a 7.2% upside from current levels. In a report issued on May 7, SunTrust Robinson also maintained a Buy rating on the stock with a $327.00 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 NVDA: