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Analysts Offer Insights on Technology Companies: I3 Verticals (IIIV), Fortinet (FTNT) and Monday.com (MNDY)

Tipranks - Sat Feb 7, 10:42AM CST

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on I3 Verticals (IIIVResearch Report), Fortinet (FTNTResearch Report) and Monday.com (MNDYResearch Report).

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I3 Verticals (IIIV)

In a report released today, Peter Heckmann from D.A. Davidson maintained a Buy rating on I3 Verticals. The company’s shares closed last Friday at $20.37, close to its 52-week low of $18.75.

According to TipRanks.com, Heckmann is a 4-star analyst with an average return of 8.0% and a 54.9% success rate. Heckmann covers the Technology sector, focusing on stocks such as Broadridge Financial Solutions, Donnelley Financial Solutions, and Clearwater Analytics Holdings. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for I3 Verticals with a $34.00 average price target.

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Fortinet (FTNT)

William Blair analyst Jonathan Ho maintained a Hold rating on Fortinet today. The company’s shares closed last Friday at $82.11.

According to TipRanks.com, Ho is a 4-star analyst with an average return of 5.5% and a 52.1% success rate. Ho covers the Technology sector, focusing on stocks such as Via Transportation, Inc. Class A, CrowdStrike Holdings, and Palo Alto Networks. ;'>

Currently, the analyst consensus on Fortinet is a Hold with an average price target of $88.14, which is a 7.8% upside from current levels. In a report issued on February 2, Scotiabank also downgraded the stock to Hold with a $85.00 price target.

Monday.com (MNDY)

In a report released today, Lucky Schreiner from D.A. Davidson maintained a Buy rating on Monday.com. The company’s shares closed last Friday at $95.64.

According to TipRanks.com, Schreiner ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -16.3% and a 13.0% success rate. Schreiner covers the Technology sector, focusing on stocks such as Progress Software, BlackLine, and Workday. ;'>

Monday.com has an analyst consensus of Strong Buy, with a price target consensus of $215.05, implying a 124.0% upside from current levels. In a report issued on January 22, KeyBanc also maintained a Buy rating on the stock with a $220.00 price target.

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