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Wall Street Analysts Are Bullish on Top Technology Picks

Tipranks - Sat Apr 18, 7:04AM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on ServiceNow (NOW) and Salesforce (CRM) with bullish sentiments.

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ServiceNow (NOW)

In a report released today, Keith Weiss from Morgan Stanley maintained a Buy rating on ServiceNow, with a price target of $210.00. The company’s shares closed last Thursday at $96.44.

According to TipRanks.com, Weiss is a 5-star analyst with an average return of 8.3% and a 58.6% success rate. Weiss covers the Technology sector, focusing on stocks such as Cloudflare, Salesforce, and Atlassian. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for ServiceNow with a $168.13 average price target, representing a 72.2% upside. In a report issued on April 11, TipRanks – xAI also upgraded the stock to Buy with a $91.00 price target.

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Salesforce (CRM)

In a report released today, Terry Tillman from Truist Financial reiterated a Buy rating on Salesforce, with a price target of $177.60. The company’s shares closed last Thursday at $181.22.

According to TipRanks.com, Tillman is ranked 0 out of 5 stars with an average return of -9.4% and a 34.2% success rate. Tillman covers the Technology sector, focusing on stocks such as ServiceTitan, Inc. Class A, Zeta Global Holdings Corp, and Klaviyo, Inc. Class A. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Salesforce with a $261.45 average price target, a 42.1% upside from current levels. In a report issued on April 10, J.P. Morgan also maintained a Buy rating on the stock with a $320.00 price target.

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