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Analysts’ Opinions Are Mixed on These Technology Stocks: Grab (GRAB) and NetApp (NTAP)

Tipranks - Mon Feb 23, 12:20PM CST

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Grab (GRABResearch Report) and NetApp (NTAPResearch Report).

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Grab (GRAB)

In a report issued on February 20, Divya Gangahar from Morgan Stanley reiterated a Buy rating on Grab, with a price target of $6.40. The company’s shares closed last Friday at $4.38.

Gangahar has an average return of 6.7% when recommending Grab. ;'>

According to TipRanks.com, Gangahar is ranked #3182 out of 12109 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Grab with a $6.75 average price target, which is a 54.8% upside from current levels. In a report issued on February 11, Bernstein also maintained a Buy rating on the stock with a $5.80 price target.

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NetApp (NTAP)

Bank of America Securities analyst Wamsi Mohan reiterated a Hold rating on NetApp today and set a price target of $115.00. The company’s shares closed last Friday at $102.48.

According to TipRanks.com, Mohan is a top 100 analyst with an average return of 30.7% and a 63.5% success rate. Mohan covers the Technology sector, focusing on stocks such as International Business Machines, Hewlett Packard Enterprise, and DigitalOcean Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for NetApp with a $117.99 average price target, implying a 16.5% upside from current levels. In a report issued on February 13, Citi also maintained a Hold rating on the stock with a $110.00 price target.

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