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Analysts’ Opinions Are Mixed on These Technology Stocks: Core Scientific Inc (CORZ), Stoneco (STNE) and Asana (ASAN)

Tipranks - Wed Mar 4, 5:42AM CST

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Core Scientific Inc (CORZResearch Report), Stoneco (STNEResearch Report) and Asana (ASANResearch Report).

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Core Scientific Inc (CORZ)

In a report released today, Kevin Dede from H.C. Wainwright reiterated a Buy rating on Core Scientific Inc, with a price target of $25.00. The company’s shares closed last Monday at $16.49, close to its 52-week high of $18.63.

According to TipRanks.com, Dede is a 3-star analyst with an average return of 1.3% and a 32.9% success rate. Dede covers the Technology sector, focusing on stocks such as Exodus Movement, Inc. Class A, Applied Digital Corporation, and WhiteFiber, Inc. ;'>

Currently, the analyst consensus on Core Scientific Inc is a Strong Buy with an average price target of $27.00, implying a 62.9% upside from current levels. In a report issued on February 19, Craig-Hallum also maintained a Buy rating on the stock.

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Stoneco (STNE)

Morgan Stanley analyst Jorge Kuri reiterated a Sell rating on Stoneco today and set a price target of $9.00. The company’s shares closed last Monday at $17.03, close to its 52-week high of $17.93.

According to TipRanks.com, Kuri is ranked #8787 out of 12144 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Stoneco with a $18.42 average price target.

Asana (ASAN)

In a report released yesterday, Steve Enders from Citi reiterated a Buy rating on Asana, with a price target of $13.00. The company’s shares closed last Monday at $7.30.

According to TipRanks.com, Enders has 0 stars on 0-5 stars ranking scale with an average return of -8.2% and a 41.3% success rate. Enders covers the Technology sector, focusing on stocks such as Onestream, Inc. Class A, Navan, Inc. Class A, and Pegasystems. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Asana with a $12.25 average price target, which is a 74.0% upside from current levels. In a report released today, KeyBanc also maintained a Buy rating on the stock with a $15.00 price target.

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