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Analysts Offer Insights on Technology Companies: Box (BOX), CrowdStrike Holdings (CRWD) and Broadcom (AVGO)

Tipranks - Thu Mar 5, 9:10AM CST

Analysts have been eager to weigh in on the Technology sector with new ratings on Box (BOXResearch Report), CrowdStrike Holdings (CRWDResearch Report) and Broadcom (AVGOResearch Report).

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Box (BOX)

In a report released today, Brian White from Monness maintained a Hold rating on Box, with a price target of $23.92. The company’s shares closed last Wednesday at $25.67, close to its 52-week low of $24.63.

According to TipRanks.com, White is a 5-star analyst with an average return of 13.2% and a 62.5% success rate. White covers the Technology sector, focusing on stocks such as Salesforce, Snowflake, and MongoDB. ;'>

Box has an analyst consensus of Moderate Buy, with a price target consensus of $32.85, implying a 26.9% upside from current levels. In a report issued on February 17, TipRanks – Google also downgraded the stock to Hold with a $25.00 price target.

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CrowdStrike Holdings (CRWD)

In a report released today, Adam Borg from Stifel Nicolaus maintained a Buy rating on CrowdStrike Holdings, with a price target of $480.00. The company’s shares closed last Wednesday at $386.53.

According to TipRanks.com, Borg is a 4-star analyst with an average return of 9.1% and a 57.7% success rate. Borg covers the Technology sector, focusing on stocks such as Procore Technologies, Palo Alto Networks, and Tenable Holdings. ;'>

Currently, the analyst consensus on CrowdStrike Holdings is a Moderate Buy with an average price target of $486.25, which is a 25.9% upside from current levels. In a report released today, Piper Sandler also upgraded the stock to Buy with a $520.00 price target.

Broadcom (AVGO)

In a report released yesterday, Mark Lipacis from Evercore ISI maintained a Buy rating on Broadcom, with a price target of $490.00. The company’s shares closed last Wednesday at $318.25.

According to TipRanks.com, Lipacis is a top 100 analyst with an average return of 28.6% and a 65.9% success rate. Lipacis covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Advanced Micro Devices, and ARM Holdings PLC ADR. ;'>

Currently, the analyst consensus on Broadcom is a Strong Buy with an average price target of $449.46, which is a 42.4% upside from current levels. In a report issued on February 17, Citi also maintained a Buy rating on the stock with a $458.00 price target.

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