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Analysts Are Bullish on Top Technology Stocks: Netskope, Inc. (NTSK), Broadcom (AVGO)

Tipranks - Tipranks - Fri Jun 5, 12:12AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Netskope, Inc. (NTSK), Broadcom (AVGO) and Unisys (UIS) with bullish sentiments.

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Netskope, Inc. (NTSK)

In a report released yesterday, Shrenik Kothari from Robert W. Baird maintained a Buy rating on Netskope, Inc.. The company’s shares closed last Wednesday at $12.40.

According to TipRanks.com, Kothari is a 5-star analyst with an average return of 23.7% and a 69.2% success rate. Kothari covers the Technology sector, focusing on stocks such as Rubrik, Inc. Class A, CrowdStrike Holdings, and Palo Alto Networks. ;'>

Netskope, Inc. has an analyst consensus of Strong Buy, with a price target consensus of $17.27, implying a 43.9% upside from current levels. In a report issued on May 19, TD Cowen also maintained a Buy rating on the stock with a $25.00 price target.

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Broadcom (AVGO)

In a report released yesterday, Tristan Gerra from Robert W. Baird maintained a Buy rating on Broadcom, with a price target of $630.00. The company’s shares closed last Wednesday at $479.23.

According to TipRanks.com, Gerra is a top 100 analyst with an average return of 41.0% and a 60.7% success rate. Gerra covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Navitas Semiconductor, and Lattice Semiconductor. ;'>

Broadcom has an analyst consensus of Strong Buy, with a price target consensus of $484.83, a -2.0% downside from current levels. In a report released yesterday, TipRanks – xAI also upgraded the stock to Buy with a $551.00 price target.

Unisys (UIS)

William Blair analyst Maggie Nolan maintained a Buy rating on Unisys today. The company’s shares closed last Wednesday at $4.22, close to its 52-week low of $3.32.

According to TipRanks.com, Nolan ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -5.9% and a 40.9% success rate. Nolan covers the Technology sector, focusing on stocks such as Ingram Micro Holding Corporation, Grid Dynamics Holdings, and Exlservice Holdings. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Unisys with a $6.50 average price target, which is a 38.0% upside from current levels. In a report released yesterday, Needham also maintained a Buy rating on the stock with a $6.00 price target.

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