Analysts have been eager to weigh in on the Technology sector with new ratings on CommVault Systems (CVLT – Research Report), Applied Materials (AMAT – Research Report) and Snowflake (SNOW – Research Report).
CommVault Systems (CVLT)
In a report released today, Thomas Blakey from KeyBanc reiterated a Buy rating on CommVault Systems. The company’s shares closed last Thursday at $110.73, close to its 52-week high of $112.62.
According to TipRanks.com, Blakey is a 4-star analyst with an average return of
Currently, the analyst consensus on CommVault Systems is a Moderate Buy with an average price target of $91.60, a -18.4% downside from current levels. In a report released yesterday, Wells Fargo also assigned a Buy rating to the stock with a $140.00 price target.
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Applied Materials (AMAT)
In a report released today, Steve Barger from KeyBanc maintained a Hold rating on Applied Materials. The company’s shares closed last Thursday at $214.03, close to its 52-week high of $217.61.
According to TipRanks.com, Barger is a 5-star analyst with an average return of
Currently, the analyst consensus on Applied Materials is a Moderate Buy with an average price target of $234.29, representing a 7.4% upside. In a report issued on May 13, Jefferies also downgraded the stock to Hold with a $210.00 price target.
Snowflake (SNOW)
JMP Securities analyst Patrick Walravens maintained a Buy rating on Snowflake today and set a price target of $235.00. The company’s shares closed last Thursday at $165.04.
According to TipRanks.com, Walravens has 0 stars on 0-5 stars ranking scale with an average return of
Currently, the analyst consensus on Snowflake is a Moderate Buy with an average price target of $208.13, which is a 27.0% upside from current levels. In a report issued on May 2, Exane BNP Paribas also upgraded the stock to Buy with a $200.00 price target.
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Read More on CVLT:
- CommVault Systems CFO Gary Merrill Promoted to CCO
- Commvault’s Challenge: The Critical Impact of Implementation on Data Security Success
- Commvault management to meet with KeyBanc
- Commvault price target raised to $112 from $97 at RBC Capital
- Commvault price target raised to $98 from $86 at Lake Street
