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Analysts Offer Insights on Technology Companies: CrowdStrike Holdings (CRWD), TD SYNNEX Corporation (SNX) and Snowflake (SNOW)

Tipranks - Tipranks - Sat Jan 10, 3:44AM CST

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on CrowdStrike Holdings (CRWD – Research Report), TD SYNNEX Corporation (SNX – Research Report) and Snowflake (SNOW – Research Report).

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CrowdStrike Holdings (CRWD)

In a report released today, Saket Kalia from Barclays maintained a Buy rating on CrowdStrike Holdings, with a price target of $610.00. The company’s shares closed last Thursday at $463.87.

According to TipRanks.com, Kalia is a 5-star analyst with an average return of 9.1% and a 57.1% success rate. Kalia covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Waystar Holding Corp., and Procore Technologies. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CrowdStrike Holdings with a $566.80 average price target, a 18.5% upside from current levels. In a report released yesterday, Berenberg Bank also upgraded the stock to Buy with a $600.00 price target.

See the top stocks recommended by analysts >>

TD SYNNEX Corporation (SNX)

Barclays analyst Tim Long maintained a Hold rating on TD SYNNEX Corporation today and set a price target of $163.00. The company’s shares closed last Thursday at $147.60.

According to TipRanks.com, Long is a 5-star analyst with an average return of 15.6% and a 62.2% success rate. Long covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Keysight Technologies, and Super Micro Computer. ;'>

Currently, the analyst consensus on TD SYNNEX Corporation is a Strong Buy with an average price target of $179.75.

Snowflake (SNOW)

In a report released today, Raimo Lenschow from Barclays maintained a Buy rating on Snowflake, with a price target of $290.00. The company’s shares closed last Thursday at $223.79.

According to TipRanks.com, Lenschow is a 5-star analyst with an average return of 8.3% and a 55.9% success rate. Lenschow covers the Technology sector, focusing on stocks such as The Descartes Systems Group, ZoomInfo Technologies, and DigitalOcean Holdings. ;'>

Currently, the analyst consensus on Snowflake is a Strong Buy with an average price target of $286.10, implying a 21.3% upside from current levels. In a report issued on January 7, Argus Research also upgraded the stock to Buy with a $300.00 price target.

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