There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Baidu (BIDU – Research Report), Makemytrip (MMYT – Research Report) and Salesforce (CRM – Research Report) with bullish sentiments.
Baidu (BIDU)
Bank of America Securities analyst Miranda Zhuang reiterated a Buy rating on Baidu today and set a price target of $234.00. The company’s shares closed last Tuesday at $132.68.
According to TipRanks.com, Zhuang is ranked #6486 out of 8379 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Baidu with a $191.69 average price target, which is a 52.5% upside from current levels. In a report issued on May 9, Mizuho Securities also maintained a Buy rating on the stock with a $170.00 price target.
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Makemytrip (MMYT)
In a report released today, Sachin Salgaonkar from Bank of America Securities reiterated a Buy rating on Makemytrip, with a price target of $35.00. The company’s shares closed last Tuesday at $25.81.
According to TipRanks.com, Salgaonkar is ranked #7883 out of 8379 analysts.
Makemytrip has an analyst consensus of Moderate Buy, with a price target consensus of $35.00.
Salesforce (CRM)
Bank of America Securities analyst Bradley Sills reiterated a Buy rating on Salesforce today and set a price target of $250.00. The company’s shares closed last Tuesday at $204.56, close to its 52-week high of $206.28.
According to TipRanks.com, Sills is a 2-star analyst with an average return of
Salesforce has an analyst consensus of Moderate Buy, with a price target consensus of $224.53, an 11.2% upside from current levels. In a report issued on May 5, Jefferies also maintained a Buy rating on the stock with a $250.00 price target.
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