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Analysts’ Opinions Are Mixed on These Technology Stocks: Palo Alto Networks (PANW), Microsoft (MSFT) and Array Technologies (ARRY)

Tipranks - Wed Apr 8, 3:14AM CDT

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 4.2% and a 52.0% success rate. Kalia covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, CrowdStrike Holdings, and Rubrik, Inc. Class A. ;'>

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.

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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 -2.5% and a 45.0% success rate. Lenschow covers the Technology sector, focusing on stocks such as The Descartes Systems Group, DoubleVerify Holdings, and DigitalOcean Holdings. ;'>

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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