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Analysts Offer Insights on Technology Companies: ServiceNow (NOW), Onto Innovation (ONTO) and Pegasystems (PEGA)

Tipranks - Sat Apr 18, 7:52AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on ServiceNow (NOW), Onto Innovation (ONTO) and Pegasystems (PEGA).

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ServiceNow (NOW)

Guggenheim analyst John Difucci reiterated a Hold rating on ServiceNow yesterday. The company’s shares closed last Thursday at $96.44.

According to TipRanks.com, Difucci is a 5-star analyst with an average return of 16.1% and a 61.6% success rate. Difucci covers the Technology sector, focusing on stocks such as Via Transportation, Inc. Class A, ARM Holdings PLC ADR, and CrowdStrike Holdings. ;'>

ServiceNow has an analyst consensus of Strong Buy, with a price target consensus of $168.13, representing a 72.2% upside. In a report issued on April 2, TipRanks – DeepSeek also downgraded the stock to Hold with a $114.00 price target.

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Onto Innovation (ONTO)

Evercore ISI analyst Vedvati Shrotre maintained a Buy rating on Onto Innovation today and set a price target of $315.00. The company’s shares closed last Thursday at $267.15.

According to TipRanks.com, Shrotre is a 5-star analyst with an average return of 51.4% and a 81.0% success rate. Shrotre covers the Technology sector, focusing on stocks such as Formfactor, Teradyne, and Camtek. ;'>

Onto Innovation has an analyst consensus of Strong Buy, with a price target consensus of $314.29, a 9.1% upside from current levels. In a report released today, Stifel Nicolaus also upgraded the stock to Buy with a $350.00 price target.

Pegasystems (PEGA)

In a report released today, Lucky Schreiner from D.A. Davidson maintained a Buy rating on Pegasystems. The company’s shares closed last Thursday at $43.28.

According to TipRanks.com, Schreiner is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -26.2% and a 16.7% success rate. Schreiner covers the Technology sector, focusing on stocks such as Progress Software, Monday.com, and BlackLine. ;'>

Currently, the analyst consensus on Pegasystems is a Strong Buy with an average price target of $60.88, which is a 39.1% upside from current levels. In a report issued on April 6, RBC Capital also maintained a Buy rating on the stock with a $65.00 price target.

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