Analysts Offer Insights on Technology Companies: Nvidia (NVDA) and PTC (PTC)
There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Nvidia (NVDA – Research Report) and PTC (PTC – Research Report) with bullish sentiments.
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Nvidia (NVDA)
In a report released today, Stacy Rasgon from Bernstein maintained a Buy rating on Nvidia, with a price target of $300.00. The company’s shares closed last Monday at $183.22.
According to TipRanks.com, Rasgon is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nvidia with a $273.61 average price target, which is a 49.5% upside from current levels. In a report issued on March 2, Morgan Stanley also maintained a Buy rating on the stock with a $260.00 price target.
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PTC (PTC)
In a report released today, Jason Celino from KeyBanc maintained a Buy rating on PTC, with a price target of $195.00. The company’s shares closed last Monday at $155.94, close to its 52-week low of $151.80.
According to TipRanks.com, Celino is a 2-star analyst with an average return of
PTC has an analyst consensus of Moderate Buy, with a price target consensus of $184.18, which is a 17.1% upside from current levels. In a report released today, TipRanks – xAI also reiterated a Buy rating on the stock with a $173.00 price target.
