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Analysts Have Conflicting Sentiments on These Technology Companies: Akamai (AKAM), CoreWeave (CRWV) and Snowflake (SNOW)

Tipranks - Tue Jun 9, 7:24AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Akamai (AKAM), CoreWeave (CRWV) and Snowflake (SNOW).

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Akamai (AKAM)

D.A. Davidson analyst Rudy Kessinger maintained a Buy rating on Akamai today and set a price target of $185.00. The company’s shares closed last Friday at $149.32.

According to TipRanks.com, Kessinger is a 5-star analyst with an average return of 13.4% and a 56.2% success rate. Kessinger covers the Technology sector, focusing on stocks such as Intellicheck Mobilisia, CrowdStrike Holdings, and Rubrik, Inc. Class A. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Akamai with a $162.72 average price target.

See today’s best-performing stocks on TipRanks >>

CoreWeave (CRWV)

Bernstein analyst Madison Rezaei maintained a Sell rating on CoreWeave today and set a price target of $67.00. The company’s shares closed last Friday at $100.39.

According to TipRanks.com, Rezaei is a 2-star analyst with an average return of 0.0% and a 61.5% success rate. Rezaei covers the NA sector, focusing on stocks such as SBA Communications, Digital Realty, and American Tower. ;'>

CoreWeave has an analyst consensus of Moderate Buy, with a price target consensus of $130.43.

Snowflake (SNOW)

In a report released today, Brian White from Monness maintained a Buy rating on Snowflake, with a price target of $320.00. The company’s shares closed last Friday at $238.26.

According to TipRanks.com, White is a 5-star analyst with an average return of 16.8% and a 67.6% success rate. White covers the Technology sector, focusing on stocks such as Salesforce, PagerDuty, and Datadog. ;'>

Currently, the analyst consensus on Snowflake is a Strong Buy with an average price target of $295.97, implying a 22.2% upside from current levels. In a report issued on May 25, TipRanks – PerPlexity also upgraded the stock to Buy with a $191.00 price target.

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