Analysts’ Opinions Are Mixed on These Technology Stocks: Teledyne Technologies (TDY), International Business Machines (IBM) and ServiceNow (NOW)
Analysts have been eager to weigh in on the Technology sector with new ratings on Teledyne Technologies (TDY), International Business Machines (IBM) and ServiceNow (NOW).
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Teledyne Technologies (TDY)
Stifel Nicolaus analyst Jonathan Siegmann CFA maintained a Buy rating on Teledyne Technologies today and set a price target of $750.00. The company’s shares closed last Wednesday at $656.69.
According to TipRanks.com, CFA is a 2-star analyst with an average return of
Currently, the analyst consensus on Teledyne Technologies is a Moderate Buy with an average price target of $708.75, which is a 6.6% upside from current levels. In a report released yesterday, TD Cowen also maintained a Buy rating on the stock with a $750.00 price target.
See the top stocks recommended by analysts >>
International Business Machines (IBM)
In a report released yesterday, Dan Bergstrom from RBC Capital maintained a Buy rating on International Business Machines, with a price target of $330.00. The company’s shares closed last Wednesday at $251.86, close to its 52-week high of $266.45.
According to TipRanks.com, Bergstrom is a 4-star analyst with an average return of
International Business Machines has an analyst consensus of Moderate Buy, with a price target consensus of $307.75, a 20.9% upside from current levels. In a report issued on April 10, Citi also initiated coverage with a Buy rating on the stock with a $285.00 price target.
ServiceNow (NOW)
Guggenheim analyst John Difucci maintained a Hold rating on ServiceNow today. The company’s shares closed last Wednesday at $103.07.
According to TipRanks.com, Difucci is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for ServiceNow with a $156.38 average price target, representing a 54.1% upside. In a report issued on April 10, UBS also downgraded the stock to Hold with a $100.00 price target.
Read More on TDY:
