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Analysts’ Opinions Are Mixed on These Technology Stocks: Splunk (SPLK), Nvidia (NVDA) and Kanzhun Ltd Sponsored (BZ)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Splunk (SPLKResearch Report), Nvidia (NVDAResearch Report) and Kanzhun Ltd Sponsored (BZResearch Report).

Splunk (SPLK)

Bernstein analyst Mark Moerdler maintained a Hold rating on Splunk today and set a price target of $98.00. The company’s shares closed last Wednesday at $96.69.

According to TipRanks.com, Moerdler is a 5-star analyst with an average return of 16.8% and a 75.3% success rate. Moerdler covers the Technology sector, focusing on stocks such as Salesforce, Snowflake, and Microsoft.

Splunk has an analyst consensus of Moderate Buy, with a price target consensus of $116.00, representing a 21.5% upside. In a report issued on May 19, Monness also maintained a Hold rating on the stock.

See Insiders’ Hot Stocks on TipRanks >>

Nvidia (NVDA)

Bernstein analyst Stacy Rasgon maintained a Buy rating on Nvidia today and set a price target of $475.00. The company’s shares closed last Wednesday at $305.38, close to its 52-week high of $318.28.

According to TipRanks.com, Rasgon is a 5-star analyst with an average return of 10.5% and a 58.9% success rate. Rasgon covers the Technology sector, focusing on stocks such as Infineon Technologies AG, Advanced Micro Devices, and NXP Semiconductors.

Nvidia has an analyst consensus of Strong Buy, with a price target consensus of $320.07, implying a 5.9% upside from current levels. In a report issued on May 10, Truist Financial also maintained a Buy rating on the stock with a $332.00 price target.

Kanzhun Ltd Sponsored (BZ)

In a report released today, Robin Zhu from Bernstein assigned a Buy rating to Kanzhun Ltd Sponsored, with a price target of $27.00. The company’s shares closed last Wednesday at $15.33.

According to TipRanks.com, Zhu is ranked #7703 out of 8409 analysts.

Kanzhun Ltd Sponsored has an analyst consensus of Strong Buy, with a price target consensus of $24.08, a 47.3% upside from current levels. In a report released yesterday, Jefferies also maintained a Buy rating on the stock with a $24.20 price target.

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