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Analysts Offer Insights on Technology Companies: Nvidia (NVDA) and PTC (PTC)

Tipranks - Wed Mar 18, 3:34AM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Nvidia (NVDAResearch Report) and PTC (PTCResearch 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 29.6% and a 62.5% success rate. Rasgon covers the Technology sector, focusing on stocks such as Advanced Micro Devices, NXP Semiconductors, and Applied Materials. ;'>

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 0.0% and a 46.2% success rate. Celino covers the Technology sector, focusing on stocks such as ServiceTitan, Inc. Class A, Procore Technologies, and Cadence Design. ;'>

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.

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