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Analysts Offer Insights on Technology Companies: International Business Machines (IBM), Intapp (INTA) and Broadcom (AVGO)

Tipranks - Tue Apr 14, 5:46AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on International Business Machines (IBM), Intapp (INTA) and Broadcom (AVGO).

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International Business Machines (IBM)

Bank of America Securities analyst Wamsi Mohan reiterated a Buy rating on International Business Machines today and set a price target of $300.00. The company’s shares closed last Friday at $230.76.

According to TipRanks.com, Mohan is a top 100 analyst with an average return of 29.4% and a 61.8% success rate. Mohan covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, DigitalOcean Holdings, and Dell Technologies. ;'>

Currently, the analyst consensus on International Business Machines is a Moderate Buy with an average price target of $321.69, representing a 34.5% upside. In a report issued on April 8, Stifel Nicolaus also assigned a Buy rating to the stock with a $290.00 price target.

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Intapp (INTA)

Barclays analyst Saket Kalia assigned a Sell rating to Intapp today and set a price target of $20.00. The company’s shares closed last Friday at $20.37.

According to TipRanks.com, Kalia is a 4-star analyst with an average return of 4.2% and a 52.0% success rate. Kalia covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, CrowdStrike Holdings, and Rubrik, Inc. Class A. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Intapp with a $39.71 average price target.

Broadcom (AVGO)

UBS analyst Timothy Arcuri maintained a Buy rating on Broadcom today and set a price target of $475.00. The company’s shares closed last Friday at $371.55.

According to TipRanks.com, Arcuri is a top 25 analyst with an average return of 40.0% and a 73.3% success rate. Arcuri covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Allegro MicroSystems, and ARM Holdings PLC ADR. ;'>

Broadcom has an analyst consensus of Strong Buy, with a price target consensus of $464.32, which is a 28.6% upside from current levels. In a report issued on April 7, Goldman Sachs also reiterated a Buy rating on the stock with a $480.00 price target.

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