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Analysts Offer Insights on Technology Companies: Rubrik, Inc. Class A (RBRK), PTC (PTC) and Oracle (ORCL)

Tipranks - Fri Jun 12, 6:36AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Rubrik, Inc. Class A (RBRK), PTC (PTC) and Oracle (ORCL).

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Rubrik, Inc. Class A (RBRK)

In a report released today, James Fish from Piper Sandler reiterated a Buy rating on Rubrik, Inc. Class A, with a price target of $91.00. The company’s shares closed last Wednesday at $71.32.

According to TipRanks.com, Fish is a 4-star analyst with an average return of 8.8% and a 52.6% success rate. Fish covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Zoom Video Communications, and DigitalOcean Holdings. ;'>

Rubrik, Inc. Class A has an analyst consensus of Strong Buy, with a price target consensus of $91.96, a 30.8% upside from current levels. In a report issued on May 29, TipRanks – PerPlexity also upgraded the stock to Buy with a $79.00 price target.

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PTC (PTC)

BMO Capital analyst Daniel Jester maintained a Buy rating on PTC today and set a price target of $170.00. The company’s shares closed last Wednesday at $135.08.

According to TipRanks.com, Jester is a 1-star analyst with an average return of -2.0% and a 41.0% success rate. Jester covers the Technology sector, focusing on stocks such as ServiceTitan, Inc. Class A, Automatic Data Processing, and Procore Technologies. ;'>

PTC has an analyst consensus of Moderate Buy, with a price target consensus of $181.15, representing a 34.0% upside. In a report issued on June 5, Stifel Nicolaus also maintained a Buy rating on the stock with a $180.00 price target.

Oracle (ORCL)

In a report released today, Sanjit Singh from Morgan Stanley maintained a Hold rating on Oracle, with a price target of $207.00. The company’s shares closed last Wednesday at $201.26.

According to TipRanks.com, Singh is a 4-star analyst with an average return of 6.8% and a 54.5% success rate. Singh covers the Technology sector, focusing on stocks such as Palantir Technologies, Cloudflare, and PagerDuty. ;'>

Currently, the analyst consensus on Oracle is a Strong Buy with an average price target of $277.65, which is a 39.9% upside from current levels. In a report issued on June 3, TipRanks – xAI also downgraded the stock to Hold with a $272.00 price target.

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