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Analysts Are Bullish on Top Technology Stocks: Verisign (VRSN), MongoDB (MDB)

Tipranks - Wed Mar 4, 4:54AM CST

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Verisign (VRSNResearch Report), MongoDB (MDBResearch Report) and Apple (AAPLResearch Report) with bullish sentiments.

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Verisign (VRSN)

Citi analyst Jamesmichael Sherman-Lewis maintained a Buy rating on Verisign yesterday and set a price target of $280.00. The company’s shares closed last Monday at $228.05.

According to TipRanks.com, Sherman-Lewis is ranked #8973 out of 12144 analysts.

Currently, the analyst consensus on Verisign is a Moderate Buy with an average price target of $275.50.

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MongoDB (MDB)

Citi analyst Tyler Radke reiterated a Buy rating on MongoDB yesterday and set a price target of $400.00. The company’s shares closed last Monday at $325.01.

According to TipRanks.com, Radke is a 3-star analyst with an average return of 2.2% and a 44.6% success rate. Radke covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Zoom Video Communications, and Palantir Technologies. ;'>

Currently, the analyst consensus on MongoDB is a Strong Buy with an average price target of $432.00, a 33.8% upside from current levels. In a report issued on February 15, TipRanks – xAI also upgraded the stock to Buy with a $414.00 price target.

Apple (AAPL)

Citi analyst Atif Malik maintained a Buy rating on Apple yesterday and set a price target of $315.00. The company’s shares closed last Monday at $264.72.

According to TipRanks.com, Malik is a top 25 analyst with an average return of 40.1% and a 74.7% success rate. Malik covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Keysight Technologies, and Silicon Laboratories. ;'>

Apple has an analyst consensus of Moderate Buy, with a price target consensus of $307.16, implying a 17.1% upside from current levels. In a report issued on February 17, Wedbush also maintained a Buy rating on the stock with a $350.00 price target.

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