Analysts’ Opinions Are Mixed on These Technology Stocks: Adobe (ADBE), Cognizant (CTSH) and Salesforce (CRM)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Adobe (ADBE – Research Report), Cognizant (CTSH – Research Report) and Salesforce (CRM – Research Report).
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Adobe (ADBE)
In a report released today, Tyler Radke from Citi maintained a Hold rating on Adobe. The company’s shares closed last Wednesday at $326.78.
According to TipRanks.com, Radke is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Adobe with a $471.90 average price target.
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Cognizant (CTSH)
Citi analyst Bryan Keane maintained a Hold rating on Cognizant today. The company’s shares closed last Wednesday at $79.24.
According to TipRanks.com, Keane is a 4-star analyst with an average return of
Currently, the analyst consensus on Cognizant is a Moderate Buy with an average price target of $85.27.
Salesforce (CRM)
Piper Sandler analyst Hannah Rudoff maintained a Buy rating on Salesforce today and set a price target of $315.00. The company’s shares closed last Wednesday at $238.72.
According to TipRanks.com, Rudoff is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Salesforce with a $328.57 average price target, representing a 39.6% upside. In a report issued on November 19, Evercore ISI also maintained a Buy rating on the stock with a $360.00 price target.
