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Analysts Are Bullish on These Technology Stocks: ServiceNow (NOW), Grab (GRAB)

Tipranks - Tipranks - Tue May 12, 7:56AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on ServiceNow (NOW), Grab (GRAB) and Corning (GLW) with bullish sentiments.

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ServiceNow (NOW)

Goldman Sachs analyst Gabriela Borges maintained a Buy rating on ServiceNow on May 8 and set a price target of $163.00. The company’s shares closed last Friday at $91.18.

According to TipRanks.com, Borges is a 4-star analyst with an average return of 7.3% and a 52.8% success rate. Borges covers the Technology sector, focusing on stocks such as DigitalOcean Holdings, Klaviyo, Inc. Class A, and CrowdStrike Holdings. ;'>

ServiceNow has an analyst consensus of Strong Buy, with a price target consensus of $142.03, implying a 55.9% 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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Grab (GRAB)

In a report released today, Helena Wang from Phillip Securities maintained a Buy rating on Grab, with a price target of $7.00. The company’s shares closed last Friday at $3.72.

According to TipRanks.com, Wang is ranked #5972 out of 12243 analysts.

Currently, the analyst consensus on Grab is a Strong Buy with an average price target of $6.12, a 62.3% upside from current levels. In a report issued on May 5, TipRanks – PerPlexity also upgraded the stock to Buy with a $4.00 price target.

Corning (GLW)

In a report released today, John Roberts CFA from Mizuho Securities maintained a Buy rating on Corning, with a price target of $220.00. The company’s shares closed last Friday at $186.94.

According to TipRanks.com, CFA is a 5-star analyst with an average return of 9.3% and a 57.4% success rate. CFA covers the Basic Materials sector, focusing on stocks such as International Flavors & Fragrances, Air Products and Chemicals, and Sherwin-Williams Company. ;'>

Currently, the analyst consensus on Corning is a Moderate Buy with an average price target of $196.45, implying a 4.9% upside from current levels. In a report issued on April 28, TipRanks – OpenAI also upgraded the stock to Buy with a $186.00 price target.

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