Analysts Conflicted on These Technology Names: CDW (CDW), Trade Desk (TTD) and XP (XP)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on CDW (CDW – Research Report), Trade Desk (TTD – Research Report) and XP (XP – Research Report).

CDW (CDW)

In a report released today, Erik Woodring from Morgan Stanley maintained a Buy rating on CDW, with a price target of $217.00. The company’s shares closed last Wednesday at $198.91, close to its 52-week high of $199.77.

According to TipRanks.com, Woodring is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -15.5% and a 46.0% success rate. Woodring covers the Technology sector, focusing on stocks such as International Business Machines, Resideo Technologies, and Dell Technologies.

Currently, the analyst consensus on CDW is a Strong Buy with an average price target of $211.71, representing a 6.4% upside. In a report released today, Credit Suisse also maintained a Buy rating on the stock with a $220.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Trade Desk (TTD)

Morgan Stanley analyst Matthew Cost maintained a Hold rating on Trade Desk today and set a price target of $50.00. The company’s shares closed last Wednesday at $45.92, close to its 52-week low of $39.00.

According to TipRanks.com, Cost ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -23.1% and a 33.3% success rate. Cost covers the Technology sector, focusing on stocks such as Activision Blizzard, Playtika Holding, and Unity Software.

Trade Desk has an analyst consensus of Strong Buy, with a price target consensus of $63.57, a 32.6% upside from current levels. In a report issued on January 3, New Street also initiated coverage with a Hold rating on the stock with a $43.00 price target.

XP (XP)

In a report released today, Tito Labarta from Goldman Sachs maintained a Buy rating on XP, with a price target of $30.00. The company’s shares closed last Wednesday at $16.57, close to its 52-week low of $13.76.

According to TipRanks.com, Labarta is a 1-star analyst with an average return of -3.6% and a 47.2% success rate. Labarta covers the Financial sector, focusing on stocks such as Banco Santander Brasil, Banco Santander Chile, and Banco Bradesco SA.

Currently, the analyst consensus on XP is a Strong Buy with an average price target of $25.50.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on CDW:

• Citi reveals top IT hardware stock picks for 2023
• CDW price target raised to $225 from $215 at JPMorgan