Analysts have been eager to weigh in on the Technology sector with new ratings on Micron (MU), Workday (WDAY) and NetApp (NTAP).
Micron (MU)
Credit Suisse analyst John Pitzer reiterated a Buy rating on Micron yesterday and set a price target of $90.00. The company’s shares closed last Thursday at $47.75.
According to TipRanks.com, Pitzer is a top 100 analyst with an average return of 20.8% and a 71.3% success rate. Pitzer covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Keysight Technologies, and NXP Semiconductors.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Micron with a $63.78 average price target, which is a 31.0% upside from current levels. In a report issued on May 12, Longbow Research also maintained a Buy rating on the stock.
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Workday (WDAY)
Credit Suisse analyst Brad Zelnick maintained a Hold rating on Workday yesterday and set a price target of $175.00. The company’s shares closed last Thursday at $184.77.
According to TipRanks.com, Zelnick is a top 100 analyst with an average return of 18.0% and a 75.4% success rate. Zelnick covers the Technology sector, focusing on stocks such as Zoom Video Communications, Ping Identity Holding, and CrowdStrike Holdings.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Workday with a $187.50 average price target, which is a 4.1% upside from current levels. In a report released today, Jefferies also maintained a Hold rating on the stock with a $180.00 price target.
NetApp (NTAP)
Credit Suisse analyst Matthew Cabral maintained a Buy rating on NetApp today and set a price target of $53.00. The company’s shares closed last Thursday at $44.96.
According to TipRanks.com, Cabral is a 2-star analyst with an average return of -0.3% and a 55.9% success rate. Cabral covers the Technology sector, focusing on stocks such as International Business Machines, Hewlett Packard Enterprise, and Apple.
NetApp has an analyst consensus of Hold, with a price target consensus of $46.55, a 4.0% upside from current levels. In a report released today, Susquehanna also reiterated a Buy rating on the stock with a $60.00 price target.
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