Wall Street Analysts Are Bullish on Top Technology Picks
There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Intuit (INTU), Palantir Technologies (PLTR) and Garmin (GRMN) with bullish sentiments.
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Intuit (INTU)
In a report released today, Arjun Bhatia from William Blair maintained a Buy rating on Intuit. The company’s shares closed last Wednesday at $384.80.
According to TipRanks.com, Bhatia has 0 stars on 0-5 stars ranking scale with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Intuit with a $580.23 average price target, a 50.9% upside from current levels. In a report issued on May 11, TD Cowen also maintained a Buy rating on the stock with a $576.00 price target.
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Palantir Technologies (PLTR)
In a report released today, John McPeake from Rosenblatt Securities reiterated a Buy rating on Palantir Technologies, with a price target of $225.00. The company’s shares closed last Wednesday at $135.95.
According to TipRanks.com, McPeake is a 3-star analyst with an average return of
Currently, the analyst consensus on Palantir Technologies is a Moderate Buy with an average price target of $188.31, which is a 40.4% upside from current levels. In a report issued on May 5, TipRanks – xAI also upgraded the stock to Buy with a $161.00 price target.
Garmin (GRMN)
In a report released today, Ivan Feinseth from Tigress Financial reiterated a Buy rating on Garmin, with a price target of $325.00. The company’s shares closed last Wednesday at $233.35, close to its 52-week high of $246.50.
According to TipRanks.com, Feinseth is a 5-star analyst with an average return of
Garmin has an analyst consensus of Hold, with a price target consensus of $256.40, which is a 12.2% upside from current levels. In a report issued on May 18, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $264.00 price target.
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