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Analysts Offer Insights on Technology Companies: Rubrik, Inc. Class A (RBRK), Klaviyo, Inc. Class A (KVYO) and The Descartes Systems Group (DSGX)

Tipranks - Tue Mar 10, 6:10AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Rubrik, Inc. Class A (RBRKResearch Report), Klaviyo, Inc. Class A (KVYOResearch Report) and The Descartes Systems Group (DSGXResearch Report) with bullish sentiments.

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Rubrik, Inc. Class A (RBRK)

Rosenblatt Securities analyst Blair Abernethy maintained a Buy rating on Rubrik, Inc. Class A today and set a price target of $95.00. The company’s shares closed last Friday at $57.17.

According to TipRanks.com, Abernethy is a 4-star analyst with an average return of 5.0% and a 54.9% success rate. Abernethy covers the Technology sector, focusing on stocks such as RedCloud Holdings plc, Navan, Inc. Class A, and Bentley Systems. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Rubrik, Inc. Class A with a $94.46 average price target, a 69.3% upside from current levels. In a report issued on February 25, D.A. Davidson also initiated coverage with a Buy rating on the stock with a $65.00 price target.

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Klaviyo, Inc. Class A (KVYO)

In a report released yesterday, David Hynes from Canaccord Genuity maintained a Buy rating on Klaviyo, Inc. Class A, with a price target of $32.00. The company’s shares closed last Friday at $20.98.

According to TipRanks.com, Hynes is ranked 0 out of 5 stars with an average return of -12.1% and a 34.1% success rate. Hynes covers the Technology sector, focusing on stocks such as ServiceTitan, Inc. Class A, Zeta Global Holdings Corp, and ZoomInfo Technologies. ;'>

Currently, the analyst consensus on Klaviyo, Inc. Class A is a Strong Buy with an average price target of $34.06, which is a 63.3% upside from current levels. In a report issued on March 6, TipRanks – DeepSeek also upgraded the stock to Buy with a $23.50 price target.

The Descartes Systems Group (DSGX)

RBC Capital analyst Nelson Ng maintained a Buy rating on The Descartes Systems Group today and set a price target of $126.00. The company’s shares closed last Friday at $71.74.

According to TipRanks.com, Ng is a 4-star analyst with an average return of 8.8% and a 58.0% success rate. Ng covers the Utilities sector, focusing on stocks such as Brookfield Renewable Partners, Algonquin Power & Utilities, and XPLR Infrastructure. ;'>

The Descartes Systems Group has an analyst consensus of Strong Buy, with a price target consensus of $105.60, a 48.3% upside from current levels. In a report issued on February 23, Barclays also maintained a Buy rating on the stock with a $90.00 price target.

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