Analysts Are Bullish on Top Technology Stocks: Nvidia (NVDA), Block (XYZ)
There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Nvidia (NVDA – Research Report), Block (XYZ – Research Report) and Palo Alto Networks (PANW – Research Report) with bullish sentiments.
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Nvidia (NVDA)
In a report released today, Joseph Moore from Morgan Stanley maintained a Buy rating on Nvidia, with a price target of $260.00. The company’s shares closed last Friday at $177.19.
According to TipRanks.com, Moore is a 5-star analyst with an average return of
Currently, the analyst consensus on Nvidia is a Strong Buy with an average price target of $273.38, implying a 50.8% upside from current levels. In a report issued on February 23, Aletheia Capital also upgraded the stock to Buy with a $250.00 price target.
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Block (XYZ)
Goldman Sachs analyst Will Nance reiterated a Buy rating on Block on February 27 and set a price target of $90.00. The company’s shares closed last Friday at $63.70.
According to TipRanks.com, Nance is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of
Block has an analyst consensus of Strong Buy, with a price target consensus of $86.97, representing a 37.9% upside. In a report issued on February 27, Morgan Stanley also upgraded the stock to Buy with a $93.00 price target.
Palo Alto Networks (PANW)
TD Cowen analyst Shaul Eyal maintained a Buy rating on Palo Alto Networks today and set a price target of $255.00. The company’s shares closed last Friday at $148.92.
According to TipRanks.com, Eyal is a 5-star analyst with an average return of
Palo Alto Networks has an analyst consensus of Strong Buy, with a price target consensus of $214.72, implying a 45.9% upside from current levels. In a report issued on February 18, TipRanks – Google also upgraded the stock to Buy with a $182.00 price target.
