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Analysts Conflicted on These Technology Names: Salesforce (CRM), MongoDB (MDB) and Diodes (DIOD)

Tipranks - Tue Apr 7, 6:58AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Salesforce (CRM), MongoDB (MDB) and Diodes (DIOD).

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Salesforce (CRM)

In a report released yesterday, Rishi Jaluria from RBC Capital maintained a Hold rating on Salesforce, with a price target of $210.00. The company’s shares closed last Thursday at $187.18.

According to TipRanks.com, Jaluria has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -6.4% and a 48.2% success rate. Jaluria covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Zoom Video Communications, and ZoomInfo Technologies. ;'>

Salesforce has an analyst consensus of Moderate Buy, with a price target consensus of $264.94, implying a 43.0% upside from current levels. In a report issued on April 2, Monness also maintained a Hold rating on the stock.

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MongoDB (MDB)

Needham analyst Mike Cikos maintained a Buy rating on MongoDB today and set a price target of $300.00. The company’s shares closed last Thursday at $253.12.

According to TipRanks.com, Cikos is a 4-star analyst with an average return of 5.2% and a 44.8% success rate. Cikos covers the Technology sector, focusing on stocks such as DigitalOcean Holdings, CrowdStrike Holdings, and Palo Alto Networks. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for MongoDB with a $360.88 average price target, implying a 46.8% upside from current levels. In a report issued on March 23, Mizuho Securities also upgraded the stock to Buy with a $325.00 price target.

Diodes (DIOD)

In a report released today, Tristan Gerra from Robert W. Baird maintained a Buy rating on Diodes, with a price target of $100.00. The company’s shares closed last Thursday at $68.58.

According to TipRanks.com, Gerra is a 5-star analyst with an average return of 19.7% and a 55.0% success rate. Gerra covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Lattice Semiconductor, and GlobalFoundries Inc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Diodes with a $82.33 average price target, which is a 24.7% upside from current levels. In a report issued on March 26, TipRanks – OpenAI also reiterated a Buy rating on the stock with a $82.00 price target.

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