There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Palo Alto Networks (PANW) and LiveRamp Holdings (RAMP) with bullish sentiments.
Palo Alto Networks (PANW)
Oppenheimer analyst Shaul Eyal maintained a Buy rating on Palo Alto Networks today and set a price target of $265.00. The company’s shares closed last Thursday at $229.50.
According to TipRanks.com, Eyal is a top 100 analyst with an average return of 17.1% and a 67.8% success rate. Eyal covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, Intellicheck Mobilisia, and Nuance Communications.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Palo Alto Networks with a $232.59 average price target, representing a -0.6% downside. In a report issued on May 13, Cleveland Research also maintained a Buy rating on the stock.
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LiveRamp Holdings (RAMP)
In a report released today, Jack Andrews from Needham reiterated a Buy rating on LiveRamp Holdings, with a price target of $53.00. The company’s shares closed last Thursday at $38.75.
According to TipRanks.com, Andrews is a 5-star analyst with an average return of 20.8% and a 65.3% success rate. Andrews covers the Technology sector, focusing on stocks such as CommVault Systems, ServiceNow, and New Relic.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for LiveRamp Holdings with a $56.25 average price target.
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