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Analysts Are Bullish on These Technology Stocks: Alphabet Class A (GOOGL), Microsoft (MSFT)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Alphabet Class A (GOOGLResearch Report), Microsoft (MSFTResearch Report) and Alphabet Class C (GOOGResearch Report) with bullish sentiments.

Alphabet Class A (GOOGL)

According to TipRanks.com, Sandler is a 5-star analyst with an average return of 10.7% and a 60.5% success rate. Sandler covers the Technology sector, focusing on stocks such as IAC/InteractiveCorp., Ziff Davis, Inc., and Meta Platforms.

Currently, the analyst consensus on Alphabet Class A is a Strong Buy with an average price target of $129.04, representing a 22.0% upside. In a report issued on January 24, Evercore ISI also maintained a Buy rating on the stock with a $120.00 price target.

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Microsoft (MSFT)

The company’s shares closed last Thursday at $264.60.

According to TipRanks.com, Lenschow is a 4-star analyst with an average return of 6.4% and a 51.0% success rate. Lenschow covers the Technology sector, focusing on stocks such as The Descartes Systems Group, Qualtrics International, and DigitalOcean Holdings.

Currently, the analyst consensus on Microsoft is a Strong Buy with an average price target of $276.32, which is a 6.8% upside from current levels. In a report issued on January 24, Goldman Sachs also reiterated a Buy rating on the stock with a $315.00 price target.

Alphabet Class C (GOOG)

In a report released yesterday, Aaron Kessler from Raymond James maintained a Buy rating on Alphabet Class C, with a price target of $119.00. The company’s shares closed last Thursday at $108.80.

According to TipRanks.com, Kessler is a 5-star analyst with an average return of 14.7% and a 61.9% success rate. Kessler covers the Technology sector, focusing on stocks such as Alphabet Class A, Meta Platforms, and ZipRecruiter.

Alphabet Class C has an analyst consensus of Strong Buy, with a price target consensus of $126.00, which is a 18.0% upside from current levels. In a report issued on January 26, Oppenheimer also maintained a Buy rating on the stock with a $130.00 price target.

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