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Analysts Offer Insights on Technology Companies: ASGN (ASGN), Block (XYZ) and Snowflake (SNOW)

Tipranks - Wed Apr 22, 6:18AM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on ASGN (ASGN), Block (XYZ) and Snowflake (SNOW).

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ASGN (ASGN)

In a report released yesterday, Kevin Mcveigh from UBS maintained a Sell rating on ASGN, with a price target of $39.00. The company’s shares closed last Monday at $40.04.

According to TipRanks.com, Mcveigh is a 3-star analyst with an average return of 1.9% and a 51.7% success rate. Mcveigh covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, SS&C Technologies Holdings, and Automatic Data Processing. ;'>

ASGN has an analyst consensus of Moderate Buy, with a price target consensus of $56.00.

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Block (XYZ)

In a report released today, Timothy Chiodo from UBS maintained a Buy rating on Block, with a price target of $90.00. The company’s shares closed last Monday at $73.89.

According to TipRanks.com, Chiodo is a 3-star analyst with an average return of 2.2% and a 45.3% success rate. Chiodo covers the Technology sector, focusing on stocks such as Fidelity National Info, Klarna Group Plc, and Shift4 Payments. ;'>

Currently, the analyst consensus on Block is a Strong Buy with an average price target of $84.07, implying a 18.3% upside from current levels. In a report issued on April 19, TipRanks – PerPlexity also upgraded the stock to Buy with a $79.00 price target.

Snowflake (SNOW)

UBS analyst Karl Keirstead maintained a Buy rating on Snowflake yesterday and set a price target of $210.00. The company’s shares closed last Monday at $150.44.

According to TipRanks.com, Keirstead is a 5-star analyst with an average return of 11.8% and a 59.9% success rate. Keirstead covers the Technology sector, focusing on stocks such as Palantir Technologies, ServiceNow, and Salesforce. ;'>

Currently, the analyst consensus on Snowflake is a Strong Buy with an average price target of $228.55, which is a 59.3% upside from current levels. In a report issued on April 14, TipRanks – PerPlexity also upgraded the stock to Buy with a $149.00 price target.

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