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Analysts Are Bullish on These Technology Stocks: Fabrinet (FN), Climb Global Solutions (CLMB)

Tipranks - Wed May 6, 8:44AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Fabrinet (FN), Climb Global Solutions (CLMB) and ServiceNow (NOW) with bullish sentiments.

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Fabrinet (FN)

Northland Securities analyst Tim Savageaux reiterated a Buy rating on Fabrinet today and set a price target of $800.00. The company’s shares closed last Tuesday at $655.50.

According to TipRanks.com, Savageaux is a top 100 analyst with an average return of 49.7% and a 62.6% success rate. Savageaux covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Applied Optoelectronics, and Grid Dynamics Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fabrinet with a $763.67 average price target, a 6.4% upside from current levels. In a report issued on April 20, TipRanks – Anthropic also upgraded the stock to Buy with a $769.00 price target.

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Climb Global Solutions (CLMB)

In a report released today, Vincent Colicchio from Barrington maintained a Buy rating on Climb Global Solutions, with a price target of $30.00. The company’s shares closed last Monday at $18.76.

According to TipRanks.com, Colicchio is a 4-star analyst with an average return of 8.3% and a 51.7% success rate. Colicchio covers the Technology sector, focusing on stocks such as Information Services Group, TD SYNNEX Corporation, and Insight Enterprises. ;'>

Climb Global Solutions has an analyst consensus of Moderate Buy, with a price target consensus of $31.00, which is a 65.2% upside from current levels. In a report issued on April 30, TipRanks – Google also upgraded the stock to Buy with a $23.50 price target.

ServiceNow (NOW)

D.A. Davidson analyst Gil Luria reiterated a Buy rating on ServiceNow today and set a price target of $190.00. The company’s shares closed last Tuesday at $91.25.

According to TipRanks.com, Luria is a 4-star analyst with an average return of 9.5% and a 50.6% success rate. Luria covers the Technology sector, focusing on stocks such as SoundHound AI, Inc Class A, Advanced Micro Devices, and Palantir Technologies. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for ServiceNow with a $139.18 average price target, which is a 51.3% upside from current levels. In a report issued on April 23, Barclays also initiated coverage with a Buy rating on the stock with a $132.00 price target.

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