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Analysts Offer Insights on Technology Companies: Nextpower Inc (NXT) and Microsoft (MSFT)

Tipranks - Wed Mar 11, 7:30AM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Nextpower Inc (NXTResearch Report) and Microsoft (MSFTResearch Report) with bullish sentiments.

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Nextpower Inc (NXT)

In a report released today, Gordon Johnson from GLJ Research initiated coverage with a Buy rating on Nextpower Inc and a price target of $147.33. The company’s shares closed last Monday at $108.13.

According to TipRanks.com, Johnson is ranked 0 out of 5 stars with an average return of -5.7% and a 55.2% success rate. Johnson covers the Technology sector, focusing on stocks such as Daqo New Energy, Enphase Energy, and First Solar. ;'>

Nextpower Inc has an analyst consensus of Strong Buy, with a price target consensus of $121.46, implying a 21.0% upside from current levels. In a report issued on February 28, TipRanks – PerPlexity also upgraded the stock to Buy with a $126.00 price target.

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Microsoft (MSFT)

Morgan Stanley analyst Keith Weiss maintained a Buy rating on Microsoft yesterday and set a price target of $650.00. The company’s shares closed last Monday at $409.41.

According to TipRanks.com, Weiss is a 5-star analyst with an average return of 9.1% and a 58.7% success rate. Weiss covers the Technology sector, focusing on stocks such as ServiceNow, Cloudflare, and Salesforce. ;'>

Microsoft has an analyst consensus of Strong Buy, with a price target consensus of $594.02, which is a 46.7% upside from current levels. In a report issued on February 22, Wells Fargo also maintained a Buy rating on the stock with a $615.00 price target.

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