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Analysts Are Bullish on Top Technology Stocks: Gitlab (GTLB), Navan, Inc. Class A (NAVN)

Tipranks - Tipranks - Fri Jun 12, 6:04AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Gitlab (GTLB), Navan, Inc. Class A (NAVN) and Epam Systems (EPAM) with bullish sentiments.

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Gitlab (GTLB)

In a report released yesterday, Nick Altmann from BTIG maintained a Buy rating on Gitlab, with a price target of $36.00. The company’s shares closed last Wednesday at $28.51.

According to TipRanks.com, Altmann is a 2-star analyst with an average return of 0.9% and a 41.2% success rate. Altmann covers the Technology sector, focusing on stocks such as ServiceTitan, Inc. Class A, Figma, Inc. Class A, and Autodesk. ;'>

Currently, the analyst consensus on Gitlab is a Hold with an average price target of $33.90, representing a 14.5% upside. In a report issued on May 30, TipRanks – PerPlexity also upgraded the stock to Buy with a $36.00 price target.

See today’s best-performing stocks on TipRanks >>

Navan, Inc. Class A (NAVN)

In a report released yesterday, Jake Fuller from BTIG maintained a Buy rating on Navan, Inc. Class A, with a price target of $30.00. The company’s shares closed last Wednesday at $20.87.

According to TipRanks.com, Fuller is a 3-star analyst with an average return of 3.1% and a 45.8% success rate. Fuller covers the NA sector, focusing on stocks such as Madison Square Garden Entertainment Corp., Global Business Travel Group, and Booking Holdings. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Navan, Inc. Class A with a $27.18 average price target, a 34.5% upside from current levels. In a report released today, TipRanks – xAI also upgraded the stock to Buy with a $23.50 price target.

Epam Systems (EPAM)

In a report released today, Jason Kupferberg from Wells Fargo maintained a Buy rating on Epam Systems, with a price target of $151.00. The company’s shares closed last Wednesday at $93.04.

According to TipRanks.com, Kupferberg is ranked 0 out of 5 stars with an average return of -9.1% and a 42.1% success rate. Kupferberg covers the Technology sector, focusing on stocks such as Circle Internet Group, Inc. Class A, Automatic Data Processing, and Jack Henry & Associates. ;'>

Epam Systems has an analyst consensus of Moderate Buy, with a price target consensus of $142.17, which is a 51.0% upside from current levels. In a report issued on May 27, TipRanks – PerPlexity also upgraded the stock to Buy with a $114.00 price target.

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