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Analysts Conflicted on These Technology Names: Teledyne Technologies (TDY), Marvell (MRVL) and ServiceNow (NOW)

Tipranks - Tipranks - Fri Apr 24, 6:02AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Teledyne Technologies (TDY), Marvell (MRVL) and ServiceNow (NOW).

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Teledyne Technologies (TDY)

In a report released today, Guy Hardwick from Barclays maintained a Hold rating on Teledyne Technologies, with a price target of $603.00. The company’s shares closed last Wednesday at $656.69.

According to TipRanks.com, Hardwick is a 3-star analyst with an average return of 5.0% and a 60.0% success rate. Hardwick covers the Technology sector, focusing on stocks such as Manhattan Associates, Bentley Systems, and TE Connectivity. ;'>

Teledyne Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $702.86, representing a 5.7% upside. In a report released yesterday, TipRanks – xAI also downgraded the stock to Hold with a $701.00 price target.

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Marvell (MRVL)

William Blair analyst Sebastien Naji maintained a Buy rating on Marvell today. The company’s shares closed last Wednesday at $157.32.

According to TipRanks.com, Naji is a 5-star analyst with an average return of 31.6% and a 89.9% success rate. Naji covers the Technology sector, focusing on stocks such as Credo Technology Group Holding Ltd, ARM Holdings PLC ADR, and Astera Labs, Inc. ;'>

Currently, the analyst consensus on Marvell is a Strong Buy with an average price target of $129.09, a -16.0% downside from current levels. In a report issued on April 9, Barclays also upgraded the stock to Buy with a $150.00 price target.

ServiceNow (NOW)

In a report released today, Derrick Wood from TD Cowen reiterated a Buy rating on ServiceNow, with a price target of $140.00. The company’s shares closed last Wednesday at $103.07.

According to TipRanks.com, Wood is a 1-star analyst with an average return of -0.2% and a 43.3% success rate. Wood covers the Technology sector, focusing on stocks such as Klaviyo, Inc. Class A, Tyler Technologies, and Monday.com. ;'>

ServiceNow has an analyst consensus of Strong Buy, with a price target consensus of $159.53, which is a 57.2% upside from current levels. In a report issued on April 11, TipRanks – xAI also upgraded the stock to Buy with a $91.00 price target.

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