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Analysts Offer Insights on Technology Companies: Circle Internet Group, Inc. Class A (CRCL) and Snowflake (SNOW)

Tipranks - Fri Feb 27, 3:49AM CST

Analysts have been eager to weigh in on the Technology sector with new ratings on Circle Internet Group, Inc. Class A (CRCLResearch Report) and Snowflake (SNOWResearch Report).

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Circle Internet Group, Inc. Class A (CRCL)

Mizuho Securities analyst Dan Dolev reiterated a Hold rating on Circle Internet Group, Inc. Class A yesterday and set a price target of $90.00. The company’s shares closed last Wednesday at $83.14, close to its 52-week low of $49.90.

According to TipRanks.com, Dolev is a 3-star analyst with an average return of 1.9% and a 44.5% success rate. Dolev covers the Technology sector, focusing on stocks such as Automatic Data Processing, PicS N.V. Class A, and Affirm Holdings. ;'>

Circle Internet Group, Inc. Class A has an analyst consensus of Moderate Buy, with a price target consensus of $115.91, a 57.1% upside from current levels. In a report issued on February 24, Morgan Stanley also maintained a Hold rating on the stock with a $66.00 price target.

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Snowflake (SNOW)

William Blair analyst Jason Ader maintained a Buy rating on Snowflake today. The company’s shares closed last Wednesday at $169.21.

According to TipRanks.com, Ader is ranked 0 out of 5 stars with an average return of -2.9% and a 40.3% success rate. Ader covers the Technology sector, focusing on stocks such as DigitalOcean Holdings, Rubrik, Inc. Class A, and CommVault Systems. ;'>

Currently, the analyst consensus on Snowflake is a Strong Buy with an average price target of $261.93, a 62.3% upside from current levels. In a report issued on February 11, Goldman Sachs also maintained a Buy rating on the stock with a $246.00 price target.

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