Analysts’ Opinions Are Mixed on These Technology Stocks: NetApp (NTAP) and Block (XYZ)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on NetApp (NTAP – Research Report) and Block (XYZ – Research Report).
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NetApp (NTAP)
William Blair analyst Jason Ader maintained a Hold rating on NetApp today. The company’s shares closed last Thursday at $99.14.
According to TipRanks.com, Ader is ranked 0 out of 5 stars with an average return of
NetApp has an analyst consensus of Moderate Buy, with a price target consensus of $115.28, an 11.7% upside from current levels. In a report issued on February 13, Citi also maintained a Hold rating on the stock with a $110.00 price target.
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Block (XYZ)
In a report released today, Andrew Harte from BTIG maintained a Buy rating on Block, with a price target of $90.00. The company’s shares closed last Thursday at $54.53, close to its 52-week low of $53.54.
According to TipRanks.com, Harte is a 1-star analyst with an average return of
Block has an analyst consensus of Strong Buy, with a price target consensus of $86.08, implying a 66.0% upside from current levels. In a report released today, Morgan Stanley also upgraded the stock to Buy with a $93.00 price target.
