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Wall Street Analysts Are Bullish on Top Technology Picks

Tipranks - Tipranks - Fri May 8, 7:08AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on CDW (CDW), Adyen (ADYYF) and NICE (NICE) with bullish sentiments.

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CDW (CDW)

In a report released today, David Vogt from UBS maintained a Buy rating on CDW, with a price target of $147.00. The company’s shares closed last Wednesday at $109.00.

According to TipRanks.com, Vogt is a 4-star analyst with an average return of 13.7% and a 63.9% success rate. Vogt covers the Technology sector, focusing on stocks such as International Business Machines, Hewlett Packard Enterprise, and TD SYNNEX Corporation. ;'>

Currently, the analyst consensus on CDW is a Moderate Buy with an average price target of $142.00, which is an 11.4% upside from current levels. In a report released yesterday, TipRanks – OpenAI also upgraded the stock to Buy with a $149.00 price target.

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Adyen (ADYYF)

Deutsche Bank analyst Nooshin Nejati maintained a Buy rating on Adyen today and set a price target of EUR1531.00. The company’s shares closed last Wednesday at $1094.00, close to its 52-week low of $1084.62.

According to TipRanks.com, Nejati is ranked #11716 out of 12228 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Adyen with a $1647.72 average price target, representing a 47.4% upside. In a report issued on April 23, J.P. Morgan also maintained a Buy rating on the stock with a EUR1350.00 price target.

NICE (NICE)

RBC Capital analyst Rishi Jaluria maintained a Buy rating on NICE yesterday and set a price target of $130.00. The company’s shares closed last Wednesday at $96.85.

According to TipRanks.com, Jaluria is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -6.8% and a 49.0% success rate. Jaluria covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Zoom Video Communications, and ZoomInfo Technologies. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for NICE with a $139.25 average price target, which is a 31.2% upside from current levels. In a report issued on April 21, TipRanks – xAI also upgraded the stock to Buy with a $117.00 price target.

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