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Analysts Offer Insights on Technology Companies: Rubrik, Inc. Class A (RBRK), KLA (KLAC) and Oracle (ORCL)

Tipranks - Fri Jun 12, 4:28AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Rubrik, Inc. Class A (RBRK), KLA (KLAC) and Oracle (ORCL) with bullish sentiments.

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Rubrik, Inc. Class A (RBRK)

In a report released today, Saket Kalia from Barclays maintained a Buy rating on Rubrik, Inc. Class A, with a price target of $90.00. The company’s shares closed last Wednesday at $71.32.

According to TipRanks.com, Kalia is a 4-star analyst with an average return of 6.1% and a 53.4% success rate. Kalia covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, CrowdStrike Holdings, and Procore Technologies. ;'>

Rubrik, Inc. Class A has an analyst consensus of Strong Buy, with a price target consensus of $91.96, a 30.8% upside from current levels. In a report issued on May 29, TipRanks – PerPlexity also upgraded the stock to Buy with a $79.00 price target.

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KLA (KLAC)

In a report released today, Thomas O’Malley from Barclays maintained a Buy rating on KLA, with a price target of $2250.00. The company’s shares closed last Wednesday at $2135.64.

According to TipRanks.com, O’Malley is a top 25 analyst with an average return of 46.6% and a 65.6% success rate. O’Malley covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Cerebras Systems, Inc. Class A. ;'>

KLA has an analyst consensus of Strong Buy, with a price target consensus of $2001.53, which is a -7.6% downside from current levels. In a report issued on June 2, TD Cowen also maintained a Buy rating on the stock.

Oracle (ORCL)

In a report released yesterday, Michael Turrin from Wells Fargo maintained a Buy rating on Oracle, with a price target of $280.00. The company’s shares closed last Wednesday at $201.26.

According to TipRanks.com, Turrin has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -3.8% and a 42.1% success rate. Turrin covers the Technology sector, focusing on stocks such as Via Transportation, Inc. Class A, ServiceTitan, Inc. Class A, and CrowdStrike Holdings. ;'>

Oracle has an analyst consensus of Strong Buy, with a price target consensus of $278.86, a 40.5% upside from current levels. In a report issued on June 1, J.P. Morgan also initiated coverage with a Buy rating on the stock.

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