Analysts Are Bullish on Top Technology Stocks: Parsons (PSN), Amplitude (AMPL)
There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Parsons (PSN – Research Report), Amplitude (AMPL – Research Report) and Snowflake (SNOW – Research Report) with bullish sentiments.
President's Day Sale - 70% Off
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Parsons (PSN)
In a report released today, Mariana Perez Mora from Bank of America Securities reiterated a Buy rating on Parsons, with a price target of $90.00. The company’s shares closed last Wednesday at $63.72, close to its 52-week low of $54.56.
According to TipRanks.com, Mora 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 Parsons with a $81.64 average price target, which is a 31.8% upside from current levels. In a report issued on February 11, William Blair also maintained a Buy rating on the stock.
See Insiders’ Hot Stocks on TipRanks >>
Amplitude (AMPL)
In a report released today, Jackson Ader from KeyBanc maintained a Buy rating on Amplitude. The company’s shares closed last Wednesday at $7.18.
According to TipRanks.com, Ader is a 1-star analyst with an average return of
Currently, the analyst consensus on Amplitude is a Strong Buy with an average price target of $13.75, implying an 116.2% upside from current levels. In a report released today, Piper Sandler also maintained a Buy rating on the stock with a $10.00 price target.
Snowflake (SNOW)
Bank of America Securities analyst Koji Ikeda maintained a Buy rating on Snowflake today and set a price target of $275.00. The company’s shares closed last Wednesday at $176.08.
According to TipRanks.com, Ikeda is a 5-star analyst with an average return of
Currently, the analyst consensus on Snowflake is a Strong Buy with an average price target of $270.93, a 53.5% upside from current levels. In a report issued on February 11, Goldman Sachs also maintained a Buy rating on the stock with a $246.00 price target.
