Analysts’ Top Technology Picks: ServiceNow (NOW), TaskUs (TASK)
There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on ServiceNow (NOW), TaskUs (TASK) and Broadcom (AVGO) with bullish sentiments.
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ServiceNow (NOW)
Oppenheimer analyst Brian Schwartz maintained a Buy rating on ServiceNow today and set a price target of $130.00. The company’s shares closed last Tuesday at $87.79.
According to TipRanks.com, Schwartz is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for ServiceNow with a $174.03 average price target, implying a 91.8% upside from current levels. In a report issued on April 1, Benchmark Co. also initiated coverage with a Buy rating on the stock with a $125.00 price target.
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TaskUs (TASK)
In a report released yesterday, Michael Piccolo from Wedbush reiterated a Buy rating on TaskUs, with a price target of $14.00. The company’s shares closed last Tuesday at $6.78.
According to TipRanks.com, Piccolo is ranked #10518 out of 12179 analysts.
Currently, the analyst consensus on TaskUs is a Hold with an average price target of $13.00.
Broadcom (AVGO)
Goldman Sachs analyst James Schneider reiterated a Buy rating on Broadcom yesterday and set a price target of $480.00. The company’s shares closed last Tuesday at $380.78.
According to TipRanks.com, Schneider is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Broadcom with a $465.55 average price target, implying a 23.2% upside from current levels. In a report issued on April 1, TipRanks – OpenAI also upgraded the stock to Buy with a $329.00 price target.
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