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Analysts Offer Insights on Technology Companies: DigitalOcean Holdings (DOCN), Guidewire (GWRE) and TD SYNNEX Corporation (SNX)

Tipranks - Sat Jan 10, 6:24AM CST

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on DigitalOcean Holdings (DOCNResearch Report), Guidewire (GWREResearch Report) and TD SYNNEX Corporation (SNXResearch Report) with bullish sentiments.

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DigitalOcean Holdings (DOCN)

Canaccord Genuity analyst Kingsley Crane maintained a Buy rating on DigitalOcean Holdings today and set a price target of $65.00. The company’s shares closed last Thursday at $52.47.

According to TipRanks.com, Crane is a 4-star analyst with an average return of 7.6% and a 51.8% success rate. Crane covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Alarum Technologies, and CyberArk Software. ;'>

Currently, the analyst consensus on DigitalOcean Holdings is a Moderate Buy with an average price target of $54.50.

See today’s best-performing stocks on TipRanks >>

Guidewire (GWRE)

In a report released yesterday, Rishi Jaluria from RBC Capital maintained a Buy rating on Guidewire, with a price target of $300.00. The company’s shares closed last Thursday at $180.41.

According to TipRanks.com, Jaluria is ranked 0 out of 5 stars with an average return of -4.5% and a 50.7% success rate. Jaluria covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Zoom Video Communications, and Palantir Technologies. ;'>

Currently, the analyst consensus on Guidewire is a Strong Buy with an average price target of $279.60, which is a 50.0% upside from current levels. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock with a $250.00 price target.

TD SYNNEX Corporation (SNX)

In a report released yesterday, David Paige from RBC Capital maintained a Buy rating on TD SYNNEX Corporation, with a price target of $180.00. The company’s shares closed last Thursday at $147.60.

Paige has an average return of 16.8% when recommending TD SYNNEX Corporation. ;'>

According to TipRanks.com, Paige is ranked #4206 out of 10401 analysts.

TD SYNNEX Corporation has an analyst consensus of Strong Buy, with a price target consensus of $176.40, which is a 14.6% upside from current levels. In a report issued on January 7, Barrington also maintained a Buy rating on the stock with a $182.00 price target.

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