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Analysts Are Neutral on Top Technology Stocks: HP (HPQ), PagerDuty (PD)

Analysts fell to the sidelines weighing in on HP (HPQResearch Report), PagerDuty (PDResearch Report) and HashiCorp (HCPResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

HP (HPQ)

J.P. Morgan analyst Samik Chatterjee maintained a Hold rating on HP on August 31 and set a price target of $31.00. The company’s shares closed last Thursday at $28.17, close to its 52-week low of $26.11.

According to TipRanks.com, Chatterjee is a 5-star analyst with an average return of 12.1% and a 52.1% success rate. Chatterjee covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Keysight Technologies, and National Instruments.

Currently, the analyst consensus on HP is a Hold with an average price target of $30.75, an 8.8% upside from current levels. In a report issued on August 23, Citigroup also maintained a Hold rating on the stock with a $37.00 price target.

See the top stocks recommended by analysts >>

PagerDuty (PD)

Monness analyst Brian White maintained a Hold rating on PagerDuty today. The company’s shares closed last Thursday at $24.10, close to its 52-week low of $21.72.

According to TipRanks.com, White is a 5-star analyst with an average return of 11.4% and a 58.1% success rate. White covers the Technology sector, focusing on stocks such as Spotify Technology SA, Palantir Technologies, and Alphabet Class A.

PagerDuty has an analyst consensus of Moderate Buy, with a price target consensus of $35.00, a 36.9% upside from current levels. In a report released today, Morgan Stanley also maintained a Hold rating on the stock with a $34.00 price target.

HashiCorp (HCP)

J.P. Morgan analyst Mark Murphy maintained a Hold rating on HashiCorp today and set a price target of $42.00. The company’s shares closed last Thursday at $30.26, close to its 52-week low of $25.51.

According to TipRanks.com, Murphy is a 5-star analyst with an average return of 10.5% and a 55.5% success rate. Murphy covers the Technology sector, focusing on stocks such as Qualtrics International, Ceridian HCM Holding, and SEMrush Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for HashiCorp with a $47.50 average price target.

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