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Wall Street Analysts Are Bullish on Top Technology Picks

Tipranks - Thu Jun 18, 6:38AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on ServiceTitan, Inc. Class A (TTAN), SailPoint, Inc. (SAIL) and Adobe (ADBE) with bullish sentiments.

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ServiceTitan, Inc. Class A (TTAN)

In a report released today, Terry Tillman from Truist Financial reiterated a Buy rating on ServiceTitan, Inc. Class A, with a price target of $110.00. The company’s shares closed last Tuesday at $66.57.

According to TipRanks.com, Tillman has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -10.8% and a 33.4% success rate. Tillman covers the Technology sector, focusing on stocks such as Zeta Global Holdings Corp, Klaviyo, Inc. Class A, and Manhattan Associates. ;'>

ServiceTitan, Inc. Class A has an analyst consensus of Strong Buy, with a price target consensus of $108.79, a 59.5% upside from current levels. In a report released today, Piper Sandler also maintained a Buy rating on the stock with a $115.00 price target.

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SailPoint, Inc. (SAIL)

Truist Financial analyst Junaid Siddiqui reiterated a Buy rating on SailPoint, Inc. today and set a price target of $18.00. The company’s shares closed last Tuesday at $14.09.

According to TipRanks.com, Siddiqui is a 5-star analyst with an average return of 21.1% and a 68.9% success rate. Siddiqui covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Rubrik, Inc. Class A, and Palo Alto Networks. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for SailPoint, Inc. with a $19.50 average price target, implying a 37.2% upside from current levels. In a report issued on June 2, TipRanks – PerPlexity also upgraded the stock to Buy with a $21.50 price target.

Adobe (ADBE)

RBC Capital analyst Matthew Swanson maintained a Buy rating on Adobe today and set a price target of $285.00. The company’s shares closed last Tuesday at $207.32.

According to TipRanks.com, Swanson has 0 stars on 0-5 stars ranking scale with an average return of -4.3% and a 42.5% success rate. Swanson covers the Technology sector, focusing on stocks such as International Business Machines, Zeta Global Holdings Corp, and Thryv Holdings. ;'>

Adobe has an analyst consensus of Hold, with a price target consensus of $256.85, which is a 25.1% upside from current levels. In a report issued on June 12, TipRanks – Anthropic also upgraded the stock to Buy with a $241.00 price target.

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