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Analysts Offer Insights on Technology Companies: CrowdStrike Holdings (CRWD), Wix (WIX) and ServiceNow (NOW)

Tipranks - Fri Mar 6, 4:54AM CST

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on CrowdStrike Holdings (CRWDResearch Report), Wix (WIXResearch Report) and ServiceNow (NOWResearch Report) with bullish sentiments.

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CrowdStrike Holdings (CRWD)

In a report released yesterday, Fatima Boolani from Citi maintained a Buy rating on CrowdStrike Holdings, with a price target of $525.00. The company’s shares closed last Wednesday at $407.68.

According to TipRanks.com, Boolani is a 5-star analyst with an average return of 11.7% and a 53.4% success rate. Boolani covers the Technology sector, focusing on stocks such as Rubrik, Inc. Class A, Palo Alto Networks, and Progress Software. ;'>

CrowdStrike Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $482.67, which is a 25.0% upside from current levels. In a report released yesterday, Piper Sandler also upgraded the stock to Buy with a $520.00 price target.

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Wix (WIX)

Citi analyst Jamesmichael Sherman-Lewis maintained a Buy rating on Wix yesterday and set a price target of $105.00. The company’s shares closed last Wednesday at $83.78.

According to TipRanks.com, Sherman-Lewis is ranked #8446 out of 12134 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Wix with a $147.25 average price target, representing a 100.8% upside. In a report issued on March 2, Benchmark Co. also maintained a Buy rating on the stock with a $140.00 price target.

ServiceNow (NOW)

Citi analyst Tyler Radke maintained a Buy rating on ServiceNow yesterday and set a price target of $237.00. The company’s shares closed last Wednesday at $113.86.

According to TipRanks.com, Radke is a 3-star analyst with an average return of 1.9% and a 44.5% 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 ServiceNow is a Strong Buy with an average price target of $191.20, which is a 70.5% upside from current levels. In a report issued on February 17, William Blair also maintained a Buy rating on the stock.

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