This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Technology Companies: NICE (NICE), Cloudflare (NET) and Rigetti Computing (RGTI)

Tipranks - Thu Jun 11, 6:36AM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on NICE (NICE), Cloudflare (NET) and Rigetti Computing (RGTI).

Introducing TipRanks MCP for Agents

NICE (NICE)

RBC Capital analyst Rishi Jaluria maintained a Buy rating on NICE yesterday and set a price target of $130.00. The company’s shares closed last Tuesday at $88.62.

According to TipRanks.com, Jaluria ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -6.8% and a 48.3% success rate. Jaluria covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Zoom Video Communications, and ZoomInfo Technologies. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for NICE with a $134.18 average price target, implying a 49.1% upside from current levels. In a report issued on June 6, TipRanks – DeepSeek also upgraded the stock to Buy with a $104.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Cloudflare (NET)

In a report released today, Peter Weed from Bernstein maintained a Hold rating on Cloudflare, with a price target of $136.00. The company’s shares closed last Tuesday at $236.13.

According to TipRanks.com, Weed is a 4-star analyst with an average return of 10.6% and a 63.0% success rate. Weed covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, ServiceNow, and Atlassian. ;'>

Currently, the analyst consensus on Cloudflare is a Moderate Buy with an average price target of $4087.13, a 1562.1% upside from current levels. In a report issued on June 2, TipRanks – PerPlexity also downgraded the stock to Hold with a $297.00 price target.

Rigetti Computing (RGTI)

Rosenblatt Securities analyst John McPeake reiterated a Buy rating on Rigetti Computing today and set a price target of $40.00. The company’s shares closed last Tuesday at $19.69, close to its 52-week high of $21.42.

According to TipRanks.com, McPeake is a 3-star analyst with an average return of 8.9% and a 55.9% success rate. McPeake covers the Technology sector, focusing on stocks such as Palantir Technologies, Quantum Computing, and D-Wave Quantum. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Rigetti Computing with a $30.00 average price target.

Read More on NICE:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.