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Analysts Are Bullish on Top Technology Stocks: KLA (KLAC), Oracle (ORCL)

Tipranks - Tue Feb 3, 6:40AM CST

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on KLA (KLACResearch Report), Oracle (ORCLResearch Report) and Dynatrace (DTResearch Report) with bullish sentiments.

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KLA (KLAC)

Evercore ISI analyst Vedvati Shrotre maintained a Buy rating on KLA on January 30 and set a price target of $1700.00. The company’s shares closed last Friday at $1427.94.

According to TipRanks.com, Shrotre is a 5-star analyst with an average return of 41.8% and a 78.4% success rate. Shrotre covers the Technology sector, focusing on stocks such as Onto Innovation, Camtek, and Nova. ;'>

KLA has an analyst consensus of Strong Buy, with a price target consensus of $1714.82, implying an 11.4% upside from current levels. In a report issued on January 15, Wells Fargo also upgraded the stock to Buy with a $1600.00 price target.

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Oracle (ORCL)

In a report released yesterday, John Difucci from Guggenheim maintained a Buy rating on Oracle, with a price target of $400.00. The company’s shares closed last Friday at $164.58.

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 Oracle with a $302.41 average price target.

Dynatrace (DT)

In a report released today, Fatima Boolani from Citi maintained a Buy rating on Dynatrace. The company’s shares closed last Friday at $38.09.

According to TipRanks.com, Boolani is a 5-star analyst with an average return of 15.5% and a 58.1% success rate. Boolani covers the Technology sector, focusing on stocks such as Consensus Cloud Solutions, CrowdStrike Holdings, and Rubrik, Inc. Class A. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Dynatrace with a $59.37 average price target, a 56.0% upside from current levels. In a report issued on January 30, TipRanks – Google also reiterated a Buy rating on the stock with a $46.00 price target.

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