There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Palo Alto Networks (PANW – Research Report), Synopsys (SNPS – Research Report) and Asure (ASUR – Research Report) with bullish sentiments.
Palo Alto Networks (PANW)
In a report released yesterday, Andrew Nowinski from Wells Fargo maintained a Buy rating on Palo Alto Networks, with a price target of $385.00. The company’s shares closed last Wednesday at $312.32.
According to TipRanks.com, Nowinski is a 5-star analyst with an average return of
Palo Alto Networks has an analyst consensus of Moderate Buy, with a price target consensus of $334.16, a 9.9% upside from current levels. In a report issued on May 7, Barclays also maintained a Buy rating on the stock with a $345.00 price target.
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Synopsys (SNPS)
Wells Fargo analyst Gary Mobley maintained a Buy rating on Synopsys yesterday and set a price target of $630.00. The company’s shares closed last Wednesday at $580.20.
According to TipRanks.com, Mobley is a 5-star analyst with an average return of
Currently, the analyst consensus on Synopsys is a Strong Buy with an average price target of $639.44.
Asure (ASUR)
In a report released today, Joshua Reilly from Needham maintained a Buy rating on Asure, with a price target of $20.00. The company’s shares closed last Wednesday at $7.60, close to its 52-week low of $6.31.
According to TipRanks.com, Reilly is a 3-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Asure with a $13.92 average price target, which is an 85.6% upside from current levels. In a report issued on May 3, Craig-Hallum also maintained a Buy rating on the stock.
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