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Wall Street Analysts Are Bullish on Top Technology Picks

Tipranks - Thu Mar 19, 4:54AM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Circle Internet Group, Inc. Class A (CRCLResearch Report) and DocuSign (DOCUResearch Report) with bullish sentiments.

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Circle Internet Group, Inc. Class A (CRCL)

In a report released yesterday, Peter Christiansen from Citi maintained a Buy rating on Circle Internet Group, Inc. Class A, with a price target of $243.00. The company’s shares closed last Tuesday at $132.31.

According to TipRanks.com, Christiansen is a 2-star analyst with an average return of -0.1% and a 50.0% success rate. Christiansen covers the Technology sector, focusing on stocks such as NIQ Global Intelligence PLC, Pagaya Technologies Ltd, and Clarivate. ;'>

Circle Internet Group, Inc. Class A has an analyst consensus of Moderate Buy, with a price target consensus of $119.68, a -3.5% downside from current levels. In a report issued on March 10, TipRanks – PerPlexity also upgraded the stock to Buy with a $128.00 price target.

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DocuSign (DOCU)

In a report released today, Jake Roberge from William Blair reiterated a Buy rating on DocuSign. The company’s shares closed last Tuesday at $47.54.

According to TipRanks.com, Roberge has 0 stars on 0-5 stars ranking scale with an average return of -11.2% and a 32.5% success rate. Roberge covers the Technology sector, focusing on stocks such as Onestream, Inc. Class A, Mitek Systems, and Pegasystems. ;'>

Currently, the analyst consensus on DocuSign is a Moderate Buy with an average price target of $66.50, representing a 41.6% upside. In a report issued on March 7, TipRanks – PerPlexity also upgraded the stock to Buy with a $54.00 price target.

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