Analysts Offer Insights on Technology Companies: Shopify (SHOP), CoreWeave (CRWV) and Circle Internet Group, Inc. Class A (CRCL)
There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Shopify (SHOP – Research Report), CoreWeave (CRWV – Research Report) and Circle Internet Group, Inc. Class A (CRCL – Research Report) with bullish sentiments.
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Shopify (SHOP)
In a report issued on February 27, Paul Treiber from RBC Capital maintained a Buy rating on Shopify, with a price target of $170.00. The company’s shares closed last Friday at $120.73, close to its 52-week high of $129.38.
According to TipRanks.com, Treiber is a 5-star analyst with an average return of
Shopify has an analyst consensus of Strong Buy, with a price target consensus of $163.24, representing a 32.2% upside. In a report issued on February 12, Mizuho Securities also upgraded the stock to Buy with a $150.00 price target.
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CoreWeave (CRWV)
In a report released today, Rohit Kulkarni from Roth MKM maintained a Buy rating on CoreWeave, with a price target of $110.00. The company’s shares closed last Friday at $79.56.
According to TipRanks.com, Kulkarni 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 CoreWeave with a $114.18 average price target, a 35.6% upside from current levels. In a report issued on February 22, Jefferies also maintained a Buy rating on the stock with a $120.00 price target.
Circle Internet Group, Inc. Class A (CRCL)
In a report issued on February 25, Robert Bamberger from Robert W. Baird maintained a Buy rating on Circle Internet Group, Inc. Class A, with a price target of $110.00. The company’s shares closed last Friday at $83.44, close to its 52-week low of $49.90.
Circle Internet Group, Inc. Class A has an analyst consensus of Moderate Buy, with a price target consensus of $114.13, a 36.5% upside from current levels. In a report issued on February 25, William Blair also maintained a Buy rating on the stock.
