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Analysts Offer Insights on Technology Companies: Grab (GRAB), Confluent (CFLT) and Motorola Solutions (MSI)

Tipranks - Fri Feb 13, 7:14AM CST

Analysts have been eager to weigh in on the Technology sector with new ratings on Grab (GRABResearch Report), Confluent (CFLTResearch Report) and Motorola Solutions (MSIResearch Report).

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Grab (GRAB)

Bernstein analyst Venugopal Garre maintained a Buy rating on Grab yesterday and set a price target of $5.80. The company’s shares closed last Wednesday at $4.23.

Garre has an average return of 16.6% when recommending Grab. ;'>

According to TipRanks.com, Garre is ranked #2065 out of 12109 analysts.

Currently, the analyst consensus on Grab is a Strong Buy with an average price target of $6.73, implying a 54.4% upside from current levels. In a report released today, DBS also maintained a Buy rating on the stock with a $7.55 price target.

See the top stocks recommended by analysts >>

Confluent (CFLT)

Bernstein analyst Peter Weed maintained a Hold rating on Confluent today and set a price target of $31.00. The company’s shares closed last Wednesday at $30.51.

According to TipRanks.com, Weed is a 3-star analyst with an average return of 2.6% and a 51.2% success rate. Weed covers the Technology sector, focusing on stocks such as Zoom Video Communications, CrowdStrike Holdings, and Palo Alto Networks. ;'>

Currently, the analyst consensus on Confluent is a Hold with an average price target of $30.53, which is a -0.3% downside from current levels. In a report released yesterday, Guggenheim also maintained a Hold rating on the stock.

Motorola Solutions (MSI)

In a report released today, James Fish from Piper Sandler maintained a Buy rating on Motorola Solutions, with a price target of $499.00. The company’s shares closed last Wednesday at $421.13.

According to TipRanks.com, Fish is a 4-star analyst with an average return of 6.3% and a 51.7% success rate. Fish covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, SoundHound AI, Inc Class A, and Zoom Video Communications. ;'>

Motorola Solutions has an analyst consensus of Strong Buy, with a price target consensus of $485.17, representing a 15.6% upside. In a report released today, William Blair also maintained a Buy rating on the stock.

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