Analysts Offer Insights on Technology Companies: IonQ (IONQ), Elastic (ESTC) and NetApp (NTAP)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on IonQ (IONQ – Research Report), Elastic (ESTC – Research Report) and NetApp (NTAP – Research Report).
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IonQ (IONQ)
In a report released today, Joseph Moore from Morgan Stanley maintained a Hold rating on IonQ, with a price target of $37.00. The company’s shares closed last Thursday at $40.88.
According to TipRanks.com, Moore 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 IonQ with a $64.00 average price target, representing a 63.9% upside. In a report released yesterday, TipRanks – Google also downgraded the stock to Hold with a $36.00 price target.
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Elastic (ESTC)
In a report released today, Ittai Kidron from Oppenheimer maintained a Buy rating on Elastic, with a price target of $85.00. The company’s shares closed last Thursday at $61.58.
According to TipRanks.com, Kidron is a 4-star analyst with an average return of
Currently, the analyst consensus on Elastic is a Moderate Buy with an average price target of $84.06, implying a 42.5% upside from current levels. In a report issued on February 13, TipRanks – Google also upgraded the stock to Buy with a $68.00 price target.
NetApp (NTAP)
In a report released today, David Vogt from UBS maintained a Hold rating on NetApp, with a price target of $113.00. The company’s shares closed last Thursday at $99.14.
According to TipRanks.com, Vogt is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for NetApp with a $115.26 average price target, which is an 11.6% 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.
