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Analysts Are Bullish on Top Technology Stocks: Par Technology (PAR), Xiaomi (XIACF)

Tipranks - Thu Mar 12, 9:22AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Par Technology (PARResearch Report), Xiaomi (XIACFResearch Report) and Oracle (ORCLResearch Report) with bullish sentiments.

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Par Technology (PAR)

Craig-Hallum analyst George Sutton maintained a Buy rating on Par Technology today. The company’s shares closed last Wednesday at $16.77.

According to TipRanks.com, Sutton is a 5-star analyst with an average return of 22.2% and a 49.3% success rate. Sutton covers the Technology sector, focusing on stocks such as DeFi Development Corporation, Applied Digital Corporation, and Core Scientific Inc. ;'>

Currently, the analyst consensus on Par Technology is a Strong Buy with an average price target of $35.63, an 110.1% upside from current levels. In a report issued on February 26, Jefferies also maintained a Buy rating on the stock with a $34.00 price target.

See the top stocks recommended by analysts >>

Xiaomi (XIACF)

Goldman Sachs analyst Timothy Zhao maintained a Buy rating on Xiaomi yesterday and set a price target of HK$41.00. The company’s shares closed last Wednesday at $4.26.

Zhao has an average return of 43.4% when recommending Xiaomi. ;'>

According to TipRanks.com, Zhao is ranked #4198 out of 12124 analysts.

Xiaomi has an analyst consensus of Strong Buy, with a price target consensus of $6.07, which is a 36.1% upside from current levels. In a report issued on March 2, CMB International Securities also maintained a Buy rating on the stock with a HK$50.21 price target.

Oracle (ORCL)

UBS analyst Karl Keirstead maintained a Buy rating on Oracle today and set a price target of $250.00. The company’s shares closed last Wednesday at $167.13.

According to TipRanks.com, Keirstead is a 5-star analyst with an average return of 11.8% and a 59.3% success rate. Keirstead covers the Technology sector, focusing on stocks such as Palantir Technologies, ServiceNow, and Salesforce. ;'>

Oracle has an analyst consensus of Strong Buy, with a price target consensus of $256.23, representing a 54.0% upside. In a report issued on February 25, Oppenheimer also upgraded the stock to Buy with a $185.00 price target.

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