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Analysts Conflicted on These Technology Names: PagerDuty (PD), Snowflake (SNOW) and Microsoft (MSFT)

Tipranks - Tue Jun 2, 4:44AM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on PagerDuty (PD), Snowflake (SNOW) and Microsoft (MSFT).

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PagerDuty (PD)

Bank of America Securities analyst Koji Ikeda reiterated a Sell rating on PagerDuty on May 29 and set a price target of $7.00. The company’s shares closed last Friday at $9.95.

According to TipRanks.com, Ikeda is a 5-star analyst with an average return of 11.8% and a 55.8% success rate. Ikeda covers the Technology sector, focusing on stocks such as Dynatrace, Snowflake, and Atlassian. ;'>

PagerDuty has an analyst consensus of Hold, with a price target consensus of $8.31.

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Snowflake (SNOW)

Wells Fargo analyst Ryan MacWilliams maintained a Buy rating on Snowflake yesterday and set a price target of $300.00. The company’s shares closed last Friday at $255.55.

According to TipRanks.com, MacWilliams is a 5-star analyst with an average return of 13.7% and a 57.6% success rate. MacWilliams covers the Technology sector, focusing on stocks such as Zoom Video Communications, Klaviyo, Inc. Class A, and ZoomInfo Technologies. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Snowflake with a $289.70 average price target, implying a 20.4% upside from current levels. In a report issued on May 17, TipRanks – PerPlexity also upgraded the stock to Buy with a $175.00 price target.

Microsoft (MSFT)

In a report released yesterday, Michael Turrin from Wells Fargo maintained a Buy rating on Microsoft, with a price target of $650.00. The company’s shares closed last Friday at $450.24.

According to TipRanks.com, Turrin has 0 stars on 0-5 stars ranking scale with an average return of -2.0% and a 44.6% success rate. Turrin covers the Technology sector, focusing on stocks such as Via Transportation, Inc. Class A, ServiceTitan, Inc. Class A, and CrowdStrike Holdings. ;'>

Currently, the analyst consensus on Microsoft is a Strong Buy with an average price target of $557.41, which is a 28.9% upside from current levels. In a report released today, Citizens JMP also initiated coverage with a Buy rating on the stock with a $550.00 price target.

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