Analysts Offer Insights on Technology Companies: Nvidia (NVDA), Salesforce (CRM) and Pure Storage (PSTG)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Nvidia (NVDA – Research Report), Salesforce (CRM – Research Report) and Pure Storage (PSTG – Research Report).
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Nvidia (NVDA)
In a report released today, Cody Acree from Benchmark Co. reiterated a Buy rating on Nvidia, with a price target of $250.00. The company’s shares closed last Wednesday at $195.56.
According to TipRanks.com, Acree is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nvidia with a $269.91 average price target, a 38.8% upside from current levels. In a report issued on February 23, Aletheia Capital also upgraded the stock to Buy with a $250.00 price target.
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Salesforce (CRM)
In a report released today, Arjun Bhatia from William Blair maintained a Buy rating on Salesforce. The company’s shares closed last Wednesday at $191.75.
According to TipRanks.com, Bhatia ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
Salesforce has an analyst consensus of Moderate Buy, with a price target consensus of $298.53, a 63.1% upside from current levels. In a report issued on February 11, TipRanks – PerPlexity also upgraded the stock to Buy with a $225.00 price target.
Pure Storage (PSTG)
In a report released today, Erik Woodring from Morgan Stanley maintained a Hold rating on Pure Storage, with a price target of $84.00. The company’s shares closed last Wednesday at $73.56, close to its 52-week high of $73.67.
According to TipRanks.com, Woodring 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 Pure Storage with a $93.29 average price target, which is a 35.7% upside from current levels. In a report released today, TipRanks – PerPlexity also downgraded the stock to Hold with a $79.00 price target.
