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Wall Street Analysts Are Bullish on Top Technology Picks

Tipranks - Tue May 19, 6:52AM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Freshworks (FRSH) and SentinelOne (S) with bullish sentiments.

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Freshworks (FRSH)

Canaccord Genuity analyst David Hynes maintained a Buy rating on Freshworks today and set a price target of $14.00. The company’s shares closed last Friday at $8.96.

According to TipRanks.com, Hynes has 0 stars on 0-5 stars ranking scale with an average return of -12.9% and a 32.4% success rate. Hynes covers the Technology sector, focusing on stocks such as ServiceTitan, Inc. Class A, Zeta Global Holdings Corp, and Klaviyo, Inc. Class A. ;'>

Currently, the analyst consensus on Freshworks is a Moderate Buy with an average price target of $12.71, a 51.3% upside from current levels. In a report issued on May 5, TipRanks – Google also upgraded the stock to Buy with a $10.50 price target.

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SentinelOne (S)

In a report released today, Catharine Trebnick from Rosenblatt Securities maintained a Buy rating on SentinelOne, with a price target of $20.00. The company’s shares closed last Friday at $16.86.

According to TipRanks.com, Trebnick has 0 stars on 0-5 stars ranking scale with an average return of -2.9% and a 45.2% success rate. Trebnick covers the Technology sector, focusing on stocks such as Zoom Video Communications, CrowdStrike Holdings, and Palo Alto Networks. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SentinelOne with a $18.08 average price target, which is a 10.0% upside from current levels. In a report issued on May 10, TipRanks – Google also upgraded the stock to Buy with a $18.50 price target.

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