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Analysts Conflicted on These Technology Names: Intuit (INTU) and Insight Enterprises (NSIT)

Tipranks - Tipranks - Wed Mar 25, 6:48AM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Intuit (INTU) and Insight Enterprises (NSIT).

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Intuit (INTU)

BMO Capital analyst Daniel Jester maintained a Buy rating on Intuit today and set a price target of $550.00. The company’s shares closed last Monday at $457.02.

According to TipRanks.com, Jester is a 1-star analyst with an average return of -0.3% and a 43.6% success rate. Jester covers the Technology sector, focusing on stocks such as ServiceTitan, Inc. Class A, Automatic Data Processing, and Onestream, Inc. Class A. ;'>

Currently, the analyst consensus on Intuit is a Strong Buy with an average price target of $582.82, which is a 27.8% upside from current levels. In a report issued on March 10, Rothschild & Co Redburn also upgraded the stock to Buy with a $700.00 price target.

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Insight Enterprises (NSIT)

Canaccord Genuity analyst Luke Morison maintained a Hold rating on Insight Enterprises yesterday and set a price target of $90.00. The company’s shares closed last Monday at $71.12.

According to TipRanks.com, Morison is a 2-star analyst with an average return of -0.8% and a 50.0% success rate. Morison covers the Technology sector, focusing on stocks such as Concentrix, Globant SA, and CI&T. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Insight Enterprises with a $105.00 average price target, representing a 43.5% upside. In a report issued on March 19, TipRanks – xAI also reiterated a Hold rating on the stock with a $85.00 price target.

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