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Analysts Are Bullish on These Technology Stocks: KLA (KLAC), Microsoft (MSFT)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on KLA (KLACResearch Report), Microsoft (MSFTResearch Report) and Tyler Technologies (TYLResearch Report) with bullish sentiments.

KLA (KLAC)

In a report released today, Steve Barger from KeyBanc maintained a Buy rating on KLA, with a price target of $410.00. The company’s shares closed last Thursday at $369.98.

According to TipRanks.com, Barger is a 5-star analyst with an average return of 17.8% and a 62.7% success rate. Barger covers the Industrial Goods sector, focusing on stocks such as Wesco International, Timken Company, and Ametek.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for KLA with a $394.07 average price target, a 9.1% upside from current levels. In a report released today, Needham also upgraded the stock to Buy with a $395.00 price target.

See the top stocks recommended by analysts >>

Microsoft (MSFT)

Wolfe Research analyst Alex Zukin maintained a Buy rating on Microsoft today and set a price target of $275.00. The company’s shares closed last Thursday at $276.41.

According to TipRanks.com, Zukin is a top 100 analyst with an average return of 24.9% and a 65.4% success rate. Zukin covers the Technology sector, focusing on stocks such as ZoomInfo Technologies, Ceridian HCM Holding, and Varonis Systems.

Microsoft has an analyst consensus of Strong Buy, with a price target consensus of $331.00, implying a 22.7% upside from current levels. In a report issued on July 15, BMO Capital also maintained a Buy rating on the stock with a $305.00 price target.

Tyler Technologies (TYL)

In a report released today, Clarke Jeffries from Piper Sandler maintained a Buy rating on Tyler Technologies, with a price target of $468.00. The company’s shares closed last Thursday at $398.35.

According to TipRanks.com, Jeffries is ranked 0 out of 5 stars with an average return of -21.6% and a 12.5% success rate. Jeffries covers the Technology sector, focusing on stocks such as SEMrush Holdings, Sprout Social, and Squarespace.

Currently, the analyst consensus on Tyler Technologies is a Strong Buy with an average price target of $472.10, which is a 28.3% upside from current levels. In a report released yesterday, JMP Securities also maintained a Buy rating on the stock with a $500.00 price target.

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