Analysts Offer Insights on Technology Companies: Uber Technologies (UBER), ServiceNow (NOW) and Fortinet (FTNT)
There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Uber Technologies (UBER – Research Report), ServiceNow (NOW – Research Report) and Fortinet (FTNT – Research Report) with bullish sentiments.
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Uber Technologies (UBER)
In a report released today, Youssef Squali from Truist Financial maintained a Buy rating on Uber Technologies. The company’s shares closed last Wednesday at $74.97.
According to TipRanks.com, Squali is a 3-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Uber Technologies with a $105.59 average price target, which is a 41.7% upside from current levels. In a report issued on February 26, Jefferies also maintained a Buy rating on the stock with a $110.00 price target.
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ServiceNow (NOW)
Truist Financial analyst Miller Jump maintained a Buy rating on ServiceNow today. The company’s shares closed last Wednesday at $115.63.
According to TipRanks.com, Jump is a 3-star analyst with an average return of
Currently, the analyst consensus on ServiceNow is a Strong Buy with an average price target of $192.53, implying a 64.0% upside from current levels. In a report issued on February 26, BTIG also maintained a Buy rating on the stock with a $200.00 price target.
Fortinet (FTNT)
Truist Financial analyst Junaid Siddiqui reiterated a Buy rating on Fortinet today and set a price target of $88.00. The company’s shares closed last Wednesday at $83.48.
According to TipRanks.com, Siddiqui is a 3-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Fortinet with a $87.70 average price target, a 4.0% upside from current levels. In a report released yesterday, TD Cowen also reiterated a Buy rating on the stock with a $100.00 price target.
