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Analysts Offer Insights on Technology Companies: CyberArk Software (CYBR) and Micron (MU)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on CyberArk Software (CYBRResearch Report) and Micron (MUResearch Report) with bullish sentiments.

CyberArk Software (CYBR)

Citi analyst Fatima Boolani maintained a Buy rating on CyberArk Software yesterday and set a price target of $180.00. The company’s shares closed last Friday at $149.31.

According to TipRanks.com, Boolani is a 5-star analyst with an average return of 12.0% and a 61.1% success rate. Boolani covers the Technology sector, focusing on stocks such as Consensus Cloud Solutions, CrowdStrike Holdings, and Progress Software.

CyberArk Software has an analyst consensus of Strong Buy, with a price target consensus of $176.41, implying a 15.7% upside from current levels. In a report issued on May 24, Robert W. Baird also maintained a Buy rating on the stock with a $182.00 price target.

See today’s best-performing stocks on TipRanks >>

Micron (MU)

Citi analyst Christopher Danely reiterated a Buy rating on Micron on June 2 and set a price target of $75.00. The company’s shares closed last Friday at $69.17.

According to TipRanks.com, Danely is a 4-star analyst with an average return of 7.7% and a 62.8% success rate. Danely covers the Technology sector, focusing on stocks such as Advanced Micro Devices, GlobalFoundries Inc, and NXP Semiconductors.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Micron with a $70.83 average price target, which is a 1.2% upside from current levels. In a report issued on May 22, KeyBanc also maintained a Buy rating on the stock with a $70.00 price target.

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