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Analysts’ Top Technology Picks: Snowflake (SNOW), GoDaddy (GDDY)

Tipranks - Tipranks - Fri Apr 10, 4:04AM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Snowflake (SNOW) and GoDaddy (GDDY) with bullish sentiments.

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Snowflake (SNOW)

Wells Fargo analyst Ryan MacWilliams maintained a Buy rating on Snowflake yesterday and set a price target of $210.00. The company’s shares closed last Wednesday at $149.99.

According to TipRanks.com, MacWilliams is a 4-star analyst with an average return of 8.9% and a 52.2% success rate. MacWilliams covers the Technology sector, focusing on stocks such as ZoomInfo Technologies, Klaviyo, Inc. Class A, and RingCentral. ;'>

Snowflake has an analyst consensus of Strong Buy, with a price target consensus of $235.00, representing a 51.3% upside. In a report issued on March 26, Morgan Stanley also maintained a Buy rating on the stock with a $245.00 price target.

See the top stocks recommended by analysts >>

GoDaddy (GDDY)

In a report released today, Trevor Young from Barclays maintained a Buy rating on GoDaddy, with a price target of $118.00. The company’s shares closed last Wednesday at $80.82.

According to TipRanks.com, Young is a 1-star analyst with an average return of -1.9% and a 49.2% success rate. Young covers the NA sector, focusing on stocks such as Booking Holdings, Revolve Group, and TripAdvisor. ;'>

GoDaddy has an analyst consensus of Moderate Buy, with a price target consensus of $119.62.

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