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Analysts Offer Insights on Technology Companies: Alkami Technology (ALKT), Adyen (OtherADYYF) and Snowflake (SNOW)

Tipranks - Fri Feb 27, 4:36AM CST

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Alkami Technology (ALKTResearch Report), Adyen (ADYYFResearch Report) and Snowflake (SNOWResearch Report) with bullish sentiments.

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Alkami Technology (ALKT)

William Blair analyst Christopher Kennedy reiterated a Buy rating on Alkami Technology today. The company’s shares closed last Wednesday at $16.37.

According to TipRanks.com, Kennedy ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -12.0% and a 25.0% success rate. Kennedy covers the Technology sector, focusing on stocks such as Jack Henry & Associates, Fidelity National Info, and Euronet Worldwide. ;'>

Alkami Technology has an analyst consensus of Strong Buy, with a price target consensus of $28.00, a 77.4% upside from current levels. In a report issued on February 18, J.P. Morgan also maintained a Buy rating on the stock with a $22.00 price target.

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Adyen (ADYYF)

UBS analyst Justin Forsythe maintained a Buy rating on Adyen today and set a price target of EUR1600.00. The company’s shares closed last Wednesday at $1196.59, close to its 52-week low of $1084.62.

Forsythe has an average return of 1.6% when recommending Adyen. ;'>

According to TipRanks.com, Forsythe is ranked #4606 out of 12136 analysts.

Currently, the analyst consensus on Adyen is a Strong Buy with an average price target of $1848.73, which is a 67.9% upside from current levels. In a report issued on February 12, Jefferies also maintained a Buy rating on the stock with a EUR1240.00 price target.

Snowflake (SNOW)

In a report released today, Koji Ikeda from Bank of America Securities reiterated a Buy rating on Snowflake, with a price target of $275.00. The company’s shares closed last Wednesday at $169.21.

According to TipRanks.com, Ikeda is a 4-star analyst with an average return of 8.2% and a 51.6% success rate. Ikeda covers the Technology sector, focusing on stocks such as Zeta Global Holdings Corp, Onestream, Inc. Class A, and ZoomInfo Technologies. ;'>

Currently, the analyst consensus on Snowflake is a Strong Buy with an average price target of $261.53, implying a 62.0% 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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