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Analysts Are Bullish on Top Technology Stocks: Microsoft (MSFT), Jabil (JBL)

Tipranks - Fri Mar 20, 6:46AM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Microsoft (MSFT) and Jabil (JBL) with bullish sentiments.

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Microsoft (MSFT)

In a report released yesterday, Mark Moerdler from Bernstein reiterated a Buy rating on Microsoft, with a price target of $641.00. The company’s shares closed last Wednesday at $391.79, close to its 52-week low of $376.91.

According to TipRanks.com, Moerdler is a 5-star analyst with an average return of 14.3% and a 67.7% success rate. Moerdler covers the Technology sector, focusing on stocks such as Salesforce, Snowflake, and Workday. ;'>

Microsoft has an analyst consensus of Strong Buy, with a price target consensus of $591.56, representing a 49.0% upside. In a report issued on March 4, J.P. Morgan also maintained a Buy rating on the stock with a $550.00 price target.

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Jabil (JBL)

Raymond James analyst Melissa Fairbanks reiterated a Buy rating on Jabil yesterday and set a price target of $300.00. The company’s shares closed last Wednesday at $258.67.

According to TipRanks.com, Fairbanks is a 5-star analyst with an average return of 30.2% and a 76.6% success rate. Fairbanks covers the Technology sector, focusing on stocks such as SanDisk Corp, Apple, and Flex. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Jabil with a $288.25 average price target, representing a 16.4% upside. In a report issued on March 11, Robert W. Baird also initiated coverage with a Buy rating on the stock with a $275.00 price target.

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