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Analysts Offer Insights on Technology Companies: Workday (WDAY), Nutanix (NTNX) and Block (XYZ)

Tipranks - Thu Feb 26, 8:36AM CST

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Workday (WDAYResearch Report), Nutanix (NTNXResearch Report) and Block (XYZResearch Report).

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Workday (WDAY)

In a report released today, Brian White from Monness maintained a Hold rating on Workday. The company’s shares closed last Wednesday at $119.77.

According to TipRanks.com, White is a 5-star analyst with an average return of 13.1% and a 61.9% success rate. White covers the Technology sector, focusing on stocks such as Salesforce, PagerDuty, and Snowflake. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Workday with a $190.31 average price target, representing a 46.1% upside. In a report issued on February 18, Citizens JMP also downgraded the stock to Hold.

See the top stocks recommended by analysts >>

Nutanix (NTNX)

In a report issued on February 20, Radi Sultan from UBS maintained a Buy rating on Nutanix, with a price target of $57.00. The company’s shares closed last Wednesday at $37.24.

According to TipRanks.com, Sultan is a 1-star analyst with an average return of -2.9% and a 40.0% success rate. Sultan covers the Technology sector, focusing on stocks such as DigitalOcean Holdings, Confluent, and Teradata. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nutanix with a $60.45 average price target, which is a 59.7% upside from current levels. In a report issued on February 10, Goldman Sachs also maintained a Buy rating on the stock with a $60.00 price target.

Block (XYZ)

Bernstein analyst Harshita Rawat maintained a Buy rating on Block yesterday and set a price target of $85.00. The company’s shares closed last Wednesday at $51.62.

According to TipRanks.com, Rawat is a 3-star analyst with an average return of 4.2% and a 46.7% success rate. Rawat covers the Technology sector, focusing on stocks such as Fidelity National Info, Klarna Group Plc, and Toast Inc. ;'>

Block has an analyst consensus of Strong Buy, with a price target consensus of $85.08, a 66.8% upside from current levels. In a report issued on February 9, Jefferies also maintained a Buy rating on the stock with a $75.00 price target.

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