Analysts Are Bullish on Top Technology Stocks: Logitech (LOGI), Cloudflare (NET)
There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Logitech (LOGI – Research Report) and Cloudflare (NET – Research Report) with bullish sentiments.
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Logitech (LOGI)
In a report released yesterday, Lucas Glemser from Berenberg Bank maintained a Buy rating on Logitech, with a price target of $143.00. The company’s shares closed last Wednesday at $86.64.
Glemser has an average return of
According to TipRanks.com, Glemser is ranked #6712 out of 12040 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Logitech with a $115.76 average price target, representing a 27.2% upside. In a report issued on January 20, Citi also maintained a Buy rating on the stock with a $115.00 price target.
See the top stocks recommended by analysts >>
Cloudflare (NET)
In a report released yesterday, Keith Weiss from Morgan Stanley maintained a Buy rating on Cloudflare, with a price target of $258.00. The company’s shares closed last Wednesday at $184.88.
According to TipRanks.com, Weiss is a 5-star analyst with an average return of
Cloudflare has an analyst consensus of Moderate Buy, with a price target consensus of $245.26, implying a 19.1% upside from current levels. In a report released yesterday, TipRanks – Google also upgraded the stock to Buy with a $227.00 price target.
