Wall Street Analysts Are Bullish on Top Technology Picks

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on KLA (KLAC) and Palo Alto Networks (PANW) with bullish sentiments.

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KLA (KLAC)

Morgan Stanley analyst Shane Brett CFA maintained a Buy rating on KLA yesterday and set a price target of $1809.00. The company’s shares closed last Monday at $1540.06.

According to TipRanks.com, CFA is a 5-star analyst with an average return of 41.2% and a 70.0% success rate. CFA covers the Technology sector, focusing on stocks such as Applied Materials, Lam Research, and Teradyne. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for KLA with a $1741.70 average price target, which is a 14.4% upside from current levels. In a report issued on March 30, Cantor Fitzgerald also maintained a Buy rating on the stock with a $2000.00 price target.

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Palo Alto Networks (PANW)

In a report released today, Meta Marshall from Morgan Stanley maintained a Buy rating on Palo Alto Networks, with a price target of $223.00. The company’s shares closed last Monday at $161.95.

According to TipRanks.com, Marshall is a 3-star analyst with an average return of 2.6% and a 51.2% success rate. Marshall covers the Technology sector, focusing on stocks such as Keysight Technologies, CrowdStrike Holdings, and Motorola Solutions. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Palo Alto Networks with a $213.13 average price target, implying a 30.5% upside from current levels. In a report issued on March 30, TipRanks – xAI also upgraded the stock to Buy with a $164.00 price target.

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