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Analysts Conflicted on These Technology Names: Trimble (TRMB), Ciena (CIEN) and SentinelOne (S)

Tipranks - Sat Mar 7, 5:10AM CST

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Trimble (TRMBResearch Report), Ciena (CIENResearch Report) and SentinelOne (SResearch Report).

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Trimble (TRMB)

In a report released today, Guy Hardwick from Barclays maintained a Buy rating on Trimble, with a price target of $103.00. The company’s shares closed last Thursday at $70.46.

According to TipRanks.com, Hardwick is a 2-star analyst with an average return of 1.9% and a 50.9% success rate. Hardwick covers the Technology sector, focusing on stocks such as Teledyne Technologies, Manhattan Associates, and Bentley Systems. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Trimble with a $94.13 average price target, a 36.0% upside from current levels. In a report issued on February 25, Bernstein also maintained a Buy rating on the stock with a $99.00 price target.

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Ciena (CIEN)

Barclays analyst Tim Long maintained a Buy rating on Ciena today and set a price target of $372.00. The company’s shares closed last Thursday at $299.30.

According to TipRanks.com, Long is a 5-star analyst with an average return of 15.2% and a 62.2% success rate. Long covers the Technology sector, focusing on stocks such as TD SYNNEX Corporation, Keysight Technologies, and Super Micro Computer. ;'>

Ciena has an analyst consensus of Moderate Buy, with a price target consensus of $298.86, implying a -4.2% downside from current levels. In a report issued on March 2, J.P. Morgan also maintained a Buy rating on the stock with a $380.00 price target.

SentinelOne (S)

Barclays analyst Saket Kalia maintained a Hold rating on SentinelOne today and set a price target of $16.00. The company’s shares closed last Thursday at $13.97.

According to TipRanks.com, Kalia is a 4-star analyst with an average return of 4.5% and a 52.3% success rate. Kalia covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Procore Technologies, and Rubrik, Inc. Class A. ;'>

Currently, the analyst consensus on SentinelOne is a Moderate Buy with an average price target of $19.16, representing a 41.9% upside. In a report released yesterday, D.A. Davidson also maintained a Hold rating on the stock with a $14.00 price target.

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