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Analysts Are Bullish on Top Technology Stocks: ServiceNow (NOW), Duolingo (DUOL)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on ServiceNow (NOWResearch Report), Duolingo (DUOLResearch Report) and Forge Global Holdings (FRGEResearch Report) with bullish sentiments.

ServiceNow (NOW)

JMP Securities analyst Patrick Walravens maintained a Buy rating on ServiceNow today and set a price target of $553.00. The company’s shares closed last Monday at $370.10.

According to TipRanks.com, Walravens is a 2-star analyst with an average return of -0.2% and a 37.6% success rate. Walravens covers the Technology sector, focusing on stocks such as Zoom Video Communications, Qualtrics International, and ZoomInfo Technologies.

Currently, the analyst consensus on ServiceNow is a Strong Buy with an average price target of $547.88.

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

Duolingo (DUOL)

JMP Securities analyst Andrew Boone reiterated a Buy rating on Duolingo today and set a price target of $128.00. The company’s shares closed last Monday at $90.36.

According to TipRanks.com, Boone has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -29.8% and a 13.9% success rate. Boone covers the Technology sector, focusing on stocks such as DoubleVerify Holdings, Fiverr International, and AdTheorent Holding.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Duolingo with a $117.20 average price target.

Forge Global Holdings (FRGE)

JMP Securities analyst Devin Ryan reiterated a Buy rating on Forge Global Holdings yesterday and set a price target of $10.00. The company’s shares closed last Monday at $1.89, close to its 52-week low of $1.86.

According to TipRanks.com, Ryan is a 5-star analyst with an average return of 9.9% and a 53.4% success rate. Ryan covers the Financial sector, focusing on stocks such as Perella Weinberg Partners, Apollo Global Management, and Raymond James Financial.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Forge Global Holdings with a $10.00 average price target.

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