Analysts Are Bullish on These Technology Stocks: nLIGHT (LASR), Okta (OKTA)
There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on nLIGHT (LASR – Research Report), Okta (OKTA – Research Report) and Autodesk (ADSK – Research Report) with bullish sentiments.
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nLIGHT (LASR)
In a report released today, Troy Jensen from Cantor Fitzgerald reiterated a Buy rating on nLIGHT, with a price target of $62.50. The company’s shares closed last Friday at $56.16.
According to TipRanks.com, Jensen is a 4-star analyst with an average return of
Currently, the analyst consensus on nLIGHT is a Strong Buy with an average price target of $63.88, representing a 5.4% upside. In a report issued on February 12, Craig-Hallum also maintained a Buy rating on the stock.
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Okta (OKTA)
Cantor Fitzgerald analyst Jonathan Ruykhaver reiterated a Buy rating on Okta today and set a price target of $100.00. The company’s shares closed last Friday at $73.28, close to its 52-week low of $70.56.
According to TipRanks.com, Ruykhaver is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Okta with a $112.52 average price target, which is a 54.1% upside from current levels. In a report issued on February 17, KeyBanc also maintained a Buy rating on the stock with a $115.00 price target.
Autodesk (ADSK)
D.A. Davidson analyst Will Jellison reiterated a Buy rating on Autodesk today and set a price target of $325.00. The company’s shares closed last Friday at $237.52.
According to TipRanks.com, Jellison is ranked #11897 out of 12136 analysts.
Autodesk has an analyst consensus of Strong Buy, with a price target consensus of $331.17, implying a 47.3% upside from current levels. In a report released today, TipRanks – DeepSeek also upgraded the stock to Buy with a $258.00 price target.
