Analysts’ Opinions Are Mixed on These Technology Stocks: Palo Alto Networks (PANW), Microsoft (MSFT) and Array Technologies (ARRY)
Analysts have been eager to weigh in on the Technology sector with new ratings on Palo Alto Networks (PANW), Microsoft (MSFT) and Array Technologies (ARRY).
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Palo Alto Networks (PANW)
In a report released today, Saket Kalia from Barclays maintained a Buy rating on Palo Alto Networks, with a price target of $200.00. The company’s shares closed last Monday at $161.95.
According to TipRanks.com, Kalia is a 4-star analyst with an average return of
Currently, the analyst consensus on Palo Alto Networks is a Strong Buy with an average price target of $213.13, representing a 30.5% upside. In a report issued on March 30, TipRanks – xAI also upgraded the stock to Buy with a $164.00 price target.
See the top stocks recommended by analysts >>
Microsoft (MSFT)
Barclays analyst Raimo Lenschow maintained a Buy rating on Microsoft today and set a price target of $600.00. The company’s shares closed last Monday at $372.88.
According to TipRanks.com, Lenschow ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
Currently, the analyst consensus on Microsoft is a Strong Buy with an average price target of $582.17, which is a 55.9% upside from current levels. In a report issued on March 24, Bank of America Securities also initiated coverage with a Buy rating on the stock with a $500.00 price target.
Array Technologies (ARRY)
Barclays analyst Christine Cho CFA maintained a Hold rating on Array Technologies today and set a price target of $8.00. The company’s shares closed last Monday at $6.97.
According to TipRanks.com, CFA is ranked #9022 out of 12128 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Array Technologies with a $10.32 average price target, implying a 39.6% upside from current levels. In a report issued on March 26, TipRanks – PerPlexity also reiterated a Hold rating on the stock with a $7.50 price target.
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