Analysts Offer Insights on Technology Companies: Palo Alto Networks (PANW) and Nvidia (NVDA)
There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Palo Alto Networks (PANW – Research Report) and Nvidia (NVDA – Research Report) with bullish sentiments.
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Palo Alto Networks (PANW)
Rosenblatt Securities analyst Catharine Trebnick maintained a Buy rating on Palo Alto Networks yesterday and set a price target of $225.00. The company’s shares closed last Wednesday at $152.35.
According to TipRanks.com, Trebnick ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
Currently, the analyst consensus on Palo Alto Networks is a Strong Buy with an average price target of $216.02, which is a 44.4% upside from current levels. In a report issued on February 12, TipRanks – Google also upgraded the stock to Buy with a $183.00 price target.
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Nvidia (NVDA)
Oppenheimer analyst Rick Schafer reiterated a Buy rating on Nvidia yesterday and set a price target of $265.00. The company’s shares closed last Wednesday at $187.98.
According to TipRanks.com, Schafer is a top 25 analyst with an average return of
Currently, the analyst consensus on Nvidia is a Strong Buy with an average price target of $261.84, a 38.7% upside from current levels. In a report issued on February 10, Bernstein also maintained a Buy rating on the stock with a $275.00 price target.
