There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Salesforce (CRM – Research Report) and CrowdStrike Holdings (CRWD – Research Report) with bullish sentiments.
In a report released today, Bradley Sills from Bank of America Securities reiterated a Buy rating on Salesforce, with a price target of $280.00. The company’s shares closed last Wednesday at $215.04.
According to TipRanks.com, Sills is a 3-star analyst with an average return of 2.7% and a 49.6% success rate. Sills covers the Technology sector, focusing on stocks such as Veeva Systems, ServiceNow, and Microsoft.
Salesforce has an analyst consensus of Moderate Buy, with a price target consensus of $241.78, representing a 14.2% upside. In a report released yesterday, Goldman Sachs also reiterated a Buy rating on the stock with a $340.00 price target.
CrowdStrike Holdings (CRWD)
In a report released today, Andrew Nowinski from Wells Fargo maintained a Buy rating on CrowdStrike Holdings, with a price target of $200.00. The company’s shares closed last Wednesday at $149.18.
According to TipRanks.com, Nowinski is a 5-star analyst with an average return of 12.5% and a 52.8% success rate. Nowinski covers the Technology sector, focusing on stocks such as Palo Alto Networks, CyberArk Software, and Tenable Holdings.
Currently, the analyst consensus on CrowdStrike Holdings is a Strong Buy with an average price target of $179.96, representing a 22.4% upside. In a report issued on August 22, Canaccord Genuity also maintained a Buy rating on the stock with a $185.00 price target.
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