Analysts Are Bullish on These Technology Stocks: CoreWeave (CRWV), Cognyte Software (CGNT)
There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on CoreWeave (CRWV), Cognyte Software (CGNT) and Semtech (SMTC) with bullish sentiments.
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CoreWeave (CRWV)
Northland Securities analyst Nehal Chokshi reiterated a Buy rating on CoreWeave today and set a price target of $165.00. The company’s shares closed last Wednesday at $118.69.
According to TipRanks.com, Chokshi is a 5-star analyst with an average return of
Currently, the analyst consensus on CoreWeave is a Moderate Buy with an average price target of $124.09, implying a 3.6% upside from current levels. In a report issued on April 13, Bank of America Securities also assigned a Buy rating to the stock with a $120.00 price target.
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Cognyte Software (CGNT)
Lake Street analyst Eric Martinuzzi reiterated a Buy rating on Cognyte Software today and set a price target of $13.00. The company’s shares closed last Wednesday at $9.67.
According to TipRanks.com, Martinuzzi 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 Cognyte Software with a $13.50 average price target, a 38.5% upside from current levels. In a report released yesterday, TipRanks – OpenAI also reiterated a Buy rating on the stock with a $10.50 price target.
Semtech (SMTC)
In a report released today, Craig Ellis from B. Riley Securities maintained a Buy rating on Semtech, with a price target of $122.00. The company’s shares closed last Wednesday at $93.27.
According to TipRanks.com, Ellis is a top 100 analyst with an average return of
Semtech has an analyst consensus of Strong Buy, with a price target consensus of $105.54, a 17.2% upside from current levels. In a report issued on April 14, Benchmark Co. also maintained a Buy rating on the stock with a $120.00 price target.
Read More on CRWV:
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- CoreWeave announces intention to offer $1B of senior notes
- CoreWeave price target raised to $156 from $149 at Cantor Fitzgerald
- Wolfe starts ‘best positioned neocloud’ CoreWeave with an Outperform
- CoreWeave initiated with an Outperform at Wolfe Research
- CoreWeave Deepens Jane Street AI Cloud Partnership, Investment
