Skip to main content

Analysts Offer Insights on Technology Companies: KLA (KLAC), BlackLine (BL) and Microsoft (MSFT)

Tipranks - Sat Jan 31, 8:48AM CST

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on KLA (KLACResearch Report), BlackLine (BLResearch Report) and Microsoft (MSFTResearch Report) with bullish sentiments.

Claim 50% Off TipRanks Premium

KLA (KLAC)

Morgan Stanley analyst Shane Brett CFA maintained a Buy rating on KLA today and set a price target of $1751.00. The company’s shares closed last Friday at $1564.37.

According to TipRanks.com, CFA is a 4-star analyst with an average return of 37.7% and a 80.0% 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 $1676.95 average price target, representing a -0.5% downside. In a report issued on January 15, Wells Fargo also upgraded the stock to Buy with a $1600.00 price target.

See the top stocks recommended by analysts >>

BlackLine (BL)

Rosenblatt Securities analyst Robert Simmons, CFA reiterated a Buy rating on BlackLine today and set a price target of $62.00. The company’s shares closed last Friday at $46.60, close to its 52-week low of $43.37.

CFA has an average return of 2.5% when recommending BlackLine. ;'>

According to TipRanks.com, CFA is ranked #11159 out of 12040 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for BlackLine with a $58.70 average price target, a 25.1% upside from current levels. In a report released today, TipRanks – PerPlexity also upgraded the stock to Buy with a $58.00 price target.

Microsoft (MSFT)

Guggenheim analyst John Difucci maintained a Buy rating on Microsoft yesterday and set a price target of $586.00. The company’s shares closed last Friday at $433.95.

According to TipRanks.com, Difucci is a 5-star analyst with an average return of 17.4% and a 62.1% success rate. Difucci covers the Technology sector, focusing on stocks such as Via Transportation, Inc. Class A, Onestream, Inc. Class A, and CrowdStrike Holdings. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Microsoft with a $603.27 average price target, a 39.2% upside from current levels. In a report released yesterday, TipRanks – DeepSeek also upgraded the stock to Buy with a $548.00 price target.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.