Analysts Are Bullish on Top Technology Stocks: Snowflake (SNOW), Nvidia (NVDA)
There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Snowflake (SNOW – Research Report), Nvidia (NVDA – Research Report) and Zoom Video Communications (ZM – Research Report) with bullish sentiments.
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Snowflake (SNOW)
In a report released today, Gray Powell from BTIG reiterated a Buy rating on Snowflake, with a price target of $235.00. The company’s shares closed last Wednesday at $169.21.
According to TipRanks.com, Powell is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Snowflake with a $251.53 average price target, a 55.8% upside from current levels. In a report issued on February 11, Goldman Sachs also maintained a Buy rating on the stock with a $246.00 price target.
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Nvidia (NVDA)
In a report released today, Rick Schafer from Oppenheimer reiterated a Buy rating on Nvidia, with a price target of $265.00. The company’s shares closed last Wednesday at $195.56.
According to TipRanks.com, Schafer is a top 25 analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nvidia with a $271.58 average price target, implying a 39.7% upside from current levels. In a report issued on February 23, Aletheia Capital also upgraded the stock to Buy with a $250.00 price target.
Zoom Video Communications (ZM)
In a report released today, Allan Verkhovski from BTIG maintained a Buy rating on Zoom Video Communications, with a price target of $100.00. The company’s shares closed last Wednesday at $85.43.
According to TipRanks.com, Verkhovski ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Zoom Video Communications with a $98.87 average price target, which is a 13.9% upside from current levels. In a report issued on February 13, RBC Capital also maintained a Buy rating on the stock with a $110.00 price target.
