Wall Street Analysts Are Bullish on Top Technology Picks
There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Cloudflare (NET) and Atlassian (TEAM) with bullish sentiments.
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Cloudflare (NET)
Robert W. Baird analyst Shrenik Kothari maintained a Buy rating on Cloudflare yesterday and set a price target of $330.00. The company’s shares closed last Thursday at $284.43.
According to TipRanks.com, Kothari is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cloudflare with a $276.52 average price target, a -2.4% downside from current levels. In a report issued on July 31, TipRanks – PerPlexity also upgraded the stock to Buy with a $322.00 price target.
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Atlassian (TEAM)
In a report released today, Arjun Bhatia from William Blair reiterated a Buy rating on Atlassian. The company’s shares closed last Thursday at $110.17.
According to TipRanks.com, Bhatia is a 2-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Atlassian with a $130.86 average price target, representing a 20.4% upside. In a report issued on July 25, TipRanks – PerPlexity also upgraded the stock to Buy with a $89.00 price target.
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