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Analysts Have Conflicting Sentiments on These Technology Companies: Salesforce (CRM), Super Micro Computer (SMCI) and Trimble (TRMB)

Tipranks - Fri Aug 14, 7:20AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Salesforce (CRM), Super Micro Computer (SMCI) and Trimble (TRMB).

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Salesforce (CRM)

In a report released today, Brian White from Monness maintained a Buy rating on Salesforce, with a price target of $222.00. The company’s shares closed last Wednesday at $193.32.

According to TipRanks.com, White is a 5-star analyst with an average return of 18.1% and a 68.9% success rate. White covers the Technology sector, focusing on stocks such as Snowflake, PagerDuty, and Workday. ;'>

Salesforce has an analyst consensus of Moderate Buy, with a price target consensus of $241.09, a 25.6% upside from current levels. In a report issued on August 5, Erste Group also upgraded the stock to Buy.

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Super Micro Computer (SMCI)

In a report released yesterday, Jim Kelleher from Argus Research maintained a Hold rating on Super Micro Computer. The company’s shares closed last Wednesday at $37.61.

According to TipRanks.com, Kelleher is a top 100 analyst with an average return of 35.2% and a 70.9% success rate. Kelleher covers the Technology sector, focusing on stocks such as International Business Machines, Telefonaktiebolaget LM Ericsson, and Hewlett Packard Enterprise. ;'>

Currently, the analyst consensus on Super Micro Computer is a Hold with an average price target of $40.27, representing a 15.1% upside. In a report issued on July 28, Mizuho Securities also maintained a Hold rating on the stock with a $34.00 price target.

Trimble (TRMB)

Bernstein analyst Chad Dillard maintained a Buy rating on Trimble yesterday and set a price target of $73.00. The company’s shares closed last Wednesday at $56.35.

According to TipRanks.com, Dillard is a 5-star analyst with an average return of 11.1% and a 68.1% success rate. Dillard covers the Industrial Goods sector, focusing on stocks such as Jacobs Solutions, Quanta Services, and United Rentals. ;'>

Currently, the analyst consensus on Trimble is a Strong Buy with an average price target of $75.20, implying a 26.6% upside from current levels. In a report released yesterday, William Blair also maintained a Buy rating on the stock.

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