Analysts’ Top Technology Picks: Braze (BRZE), Ciena (CIEN)
There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Braze (BRZE), Ciena (CIEN) and TE Connectivity (TEL) with bullish sentiments.
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Braze (BRZE)
BTIG analyst Nick Altmann reiterated a Buy rating on Braze today and set a price target of $30.00. The company’s shares closed last Friday at $24.35.
According to TipRanks.com, Altmann is a 2-star analyst with an average return of
Currently, the analyst consensus on Braze is a Strong Buy with an average price target of $35.65, representing a 50.4% upside. In a report issued on May 22, Barclays also maintained a Buy rating on the stock with a $31.00 price target.
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Ciena (CIEN)
In a report released today, Tal Liani from Bank of America Securities reiterated a Buy rating on Ciena, with a price target of $660.00. The company’s shares closed last Friday at $583.74.
According to TipRanks.com, Liani is a 5-star analyst with an average return of
Currently, the analyst consensus on Ciena is a Moderate Buy with an average price target of $429.31, a -28.3% downside from current levels. In a report issued on May 15, TD Cowen also maintained a Buy rating on the stock with a $675.00 price target.
TE Connectivity (TEL)
Bank of America Securities analyst Wamsi Mohan maintained a Buy rating on TE Connectivity today and set a price target of $290.00. The company’s shares closed last Friday at $202.78.
According to TipRanks.com, Mohan is a top 100 analyst with an average return of
TE Connectivity has an analyst consensus of Moderate Buy, with a price target consensus of $237.66.
Read More on BRZE:
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- BRZE Earnings this Week: How Will it Perform?
- Braze price target lowered to $30 from $35 at Stifel
- ServiceNow Stock (NOW) Rallies on Reiterated Bullish Analyst Coverage
- Braze: Buy Rating Reiterated as CFO Transition Seen as Immaterial; Guidance Reaffirmed and $50 Price Target Maintained
- Braze CFO Isabelle Winkles to step down, Pankaj Malik to be named interim
