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Analysts Offer Insights on Technology Companies: Navan, Inc. Class A (NAVN), Bandwidth (BAND) and Nvidia (NVDA)

Tipranks - Wed Mar 18, 5:10AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Navan, Inc. Class A (NAVNResearch Report), Bandwidth (BANDResearch Report) and Nvidia (NVDAResearch Report) with bullish sentiments.

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Navan, Inc. Class A (NAVN)

Citi analyst Steve Enders reiterated a Buy rating on Navan, Inc. Class A today and set a price target of $26.00. The company’s shares closed last Monday at $8.81, close to its 52-week low of $8.71.

According to TipRanks.com, Enders has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -8.0% and a 40.8% success rate. Enders covers the Technology sector, focusing on stocks such as Onestream, Inc. Class A, Pegasystems, and Monday.com. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Navan, Inc. Class A with a $21.20 average price target, a 135.6% upside from current levels. In a report released today, BMO Capital also initiated coverage with a Buy rating on the stock with a $13.00 price target.

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Bandwidth (BAND)

In a report released today, Joshua Reilly from Needham maintained a Buy rating on Bandwidth, with a price target of $20.00. The company’s shares closed last Monday at $14.93, close to its 52-week low of $13.31.

According to TipRanks.com, Reilly is a 1-star analyst with an average return of -2.4% and a 37.8% success rate. Reilly covers the Technology sector, focusing on stocks such as Zoom Video Communications, ZoomInfo Technologies, and Tyler Technologies. ;'>

Currently, the analyst consensus on Bandwidth is a Strong Buy with an average price target of $18.33, implying a 19.9% upside from current levels. In a report issued on March 2, TipRanks – Google also upgraded the stock to Buy with a $16.50 price target.

Nvidia (NVDA)

KeyBanc analyst John Vinh maintained a Buy rating on Nvidia yesterday and set a price target of $275.00. The company’s shares closed last Monday at $183.22.

According to TipRanks.com, Vinh is a 5-star analyst with an average return of 21.4% and a 58.7% success rate. Vinh covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Lattice Semiconductor, and ARM Holdings PLC ADR. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nvidia with a $274.46 average price target, a 50.0% upside from current levels. In a report issued on March 1, Phillip Securities also maintained a Buy rating on the stock with a $220.00 price target.

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