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Wall Street Analysts Are Bullish on Top Technology Picks

Tipranks - Tipranks - Thu Apr 16, 5:58AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Broadcom (AVGO), ServiceNow (NOW) and CrowdStrike Holdings (CRWD) with bullish sentiments.

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Broadcom (AVGO)

Citi analyst Atif Malik reiterated a Buy rating on Broadcom yesterday and set a price target of $475.00. The company’s shares closed last Tuesday at $380.78.

According to TipRanks.com, Malik is a top 25 analyst with an average return of 44.5% and a 78.9% success rate. Malik covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Keysight Technologies, and Silicon Laboratories. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Broadcom with a $464.32 average price target, implying a 22.9% upside from current levels. In a report issued on April 1, TipRanks – OpenAI also upgraded the stock to Buy with a $329.00 price target.

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ServiceNow (NOW)

In a report released yesterday, Tyler Radke from Citi maintained a Buy rating on ServiceNow, with a price target of $177.00. The company’s shares closed last Tuesday at $87.79.

According to TipRanks.com, Radke is a 2-star analyst with an average return of 0.2% and a 42.8% success rate. Radke covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, ServiceTitan, Inc. Class A, and Palantir Technologies. ;'>

Currently, the analyst consensus on ServiceNow is a Strong Buy with an average price target of $175.48, a 93.4% upside from current levels. In a report issued on April 1, Benchmark Co. also initiated coverage with a Buy rating on the stock with a $125.00 price target.

CrowdStrike Holdings (CRWD)

In a report released yesterday, Fatima Boolani from Citi maintained a Buy rating on CrowdStrike Holdings, with a price target of $525.00. The company’s shares closed last Tuesday at $398.49.

According to TipRanks.com, Boolani is a 4-star analyst with an average return of 10.3% and a 53.4% success rate. Boolani covers the Technology sector, focusing on stocks such as International Business Machines, Rubrik, Inc. Class A, and Palo Alto Networks. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for CrowdStrike Holdings with a $483.27 average price target, which is a 19.4% upside from current levels. In a report issued on April 1, Benchmark Co. also initiated coverage with a Buy rating on the stock with a $500.00 price target.

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