There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Microsoft (MSFT – Research Report), Sony Group (SONY – Research Report) and ServiceNow (NOW – Research Report) with bullish sentiments.
Microsoft (MSFT)
Loop Capital Markets analyst Yun Kim assigned a Buy rating to Microsoft today and set a price target of $500.00. The company’s shares closed last Friday at $420.21, close to its 52-week high of $430.82.
According to TipRanks.com, Kim is a 5-star analyst with an average return of
Microsoft has an analyst consensus of Strong Buy, with a price target consensus of $491.56, representing a 16.3% upside. In a report issued on May 8, Jefferies also maintained a Buy rating on the stock with a $550.00 price target.
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Sony Group (SONY)
Oppenheimer analyst Martin Yang maintained a Buy rating on Sony Group today and set a price target of $108.00. The company’s shares closed last Friday at $83.75.
According to TipRanks.com, Yang is a 1-star analyst with an average return of
Sony Group has an analyst consensus of Strong Buy, with a price target consensus of $112.93, a 34.3% upside from current levels. In a report issued on May 15, TD Cowen also maintained a Buy rating on the stock.
ServiceNow (NOW)
Oppenheimer analyst Brian Schwartz maintained a Buy rating on ServiceNow today and set a price target of $825.00. The company’s shares closed last Friday at $765.05, close to its 52-week high of $815.32.
According to TipRanks.com, Schwartz is a top 100 analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for ServiceNow with a $866.27 average price target, representing a 13.2% upside. In a report issued on May 6, Wells Fargo also maintained a Buy rating on the stock with a $900.00 price target.
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Read More on MSFT:
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- Nvidia Stock (NASDAQ:NVDA): Is It a Buy at 71.3x Earnings?
- Macquarie ‘highly encouraged’ by Microsoft adding Call of Duty to Game Pass
- OpenAI disbands team focused on long-term risks of AI, CNBC reports
