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Analysts Offer Insights on Technology Companies: nCino (NCNO), Atlassian (TEAM) and Snowflake (SNOW)

Tipranks - Thu Apr 2, 4:34AM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on nCino (NCNO), Atlassian (TEAM) and Snowflake (SNOW).

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nCino (NCNO)

In a report released today, Saket Kalia from Barclays maintained a Buy rating on nCino, with a price target of $22.00. The company’s shares closed last Tuesday at $14.98.

According to TipRanks.com, Kalia is a 4-star analyst with an average return of 4.2% and a 52.0% success rate. Kalia covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Procore Technologies, and Rubrik, Inc. Class A. ;'>

Currently, the analyst consensus on nCino is a Strong Buy with an average price target of $25.83, a 76.8% upside from current levels. In a report released yesterday, Robert W. Baird also maintained a Buy rating on the stock with a $24.00 price target.

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Snowflake (SNOW)

In a report released today, Raimo Lenschow from Barclays maintained a Hold rating on Snowflake, with a price target of $192.00. The company’s shares closed last Tuesday at $150.82.

According to TipRanks.com, Lenschow is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -2.5% and a 45.0% success rate. Lenschow covers the Technology sector, focusing on stocks such as The Descartes Systems Group, DoubleVerify Holdings, and DigitalOcean Holdings. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Snowflake with a $238.55 average price target, a 59.8% upside from current levels. In a report issued on March 28, TipRanks – xAI also reiterated a Hold rating on the stock with a $151.00 price target.

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