Skip to main content

Analysts Are Bullish on These Technology Stocks: MongoDB (MDB), Okta (OKTA)

Tipranks - Fri Mar 6, 6:46AM CST

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on MongoDB (MDBResearch Report), Okta (OKTAResearch Report) and Apple (AAPLResearch Report) with bullish sentiments.

Claim 70% Off TipRanks Premium

MongoDB (MDB)

Scotiabank analyst Patrick Colville upgraded MongoDB to Buy today and set a price target of $310.00. The company’s shares closed last Wednesday at $248.01.

According to TipRanks.com, Colville is a 1-star analyst with an average return of -0.1% and a 45.5% success rate. Colville covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and Tenable Holdings. ;'>

MongoDB has an analyst consensus of Strong Buy, with a price target consensus of $371.24, implying a 45.2% upside from current levels. In a report issued on February 19, TipRanks – xAI also upgraded the stock to Buy with a $408.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Okta (OKTA)

BTIG analyst Gray Powell reiterated a Buy rating on Okta today and set a price target of $90.00. The company’s shares closed last Wednesday at $71.74, close to its 52-week low of $70.56.

According to TipRanks.com, Powell is a 4-star analyst with an average return of 5.0% and a 49.3% success rate. Powell covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and Tenable Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Okta with a $99.83 average price target, a 38.7% upside from current levels. In a report issued on February 23, Oppenheimer also maintained a Buy rating on the stock with a $120.00 price target.

Apple (AAPL)

In a report released today, Mark Newman from Bernstein maintained a Buy rating on Apple, with a price target of $340.00. The company’s shares closed last Wednesday at $262.52.

According to TipRanks.com, Newman is a 5-star analyst with an average return of 32.2% and a 62.5% success rate. Newman covers the Technology sector, focusing on stocks such as International Business Machines, Hewlett Packard Enterprise, and Super Micro Computer. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Apple with a $306.12 average price target, implying a 15.7% upside from current levels. In a report issued on February 26, J.P. Morgan also maintained a Buy rating on the stock with a $325.00 price target.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.