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Analysts Conflicted on These Technology Names: Intuit (INTU), Micron (MU) and Thomson Reuters (TRI)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Intuit (INTUResearch Report), Micron (MUResearch Report) and Thomson Reuters (TRIResearch Report).

Intuit (INTU)

Goldman Sachs analyst Kash Rangan reiterated a Buy rating on Intuit yesterday and set a price target of $615.00. The company’s shares closed last Friday at $387.04, close to its 52-week low of $339.36.

According to TipRanks.com, Rangan is a 5-star analyst with an average return of 6.7% and a 54.9% success rate. Rangan covers the Technology sector, focusing on stocks such as Zoom Video Communications, ZoomInfo Technologies, and Procore Technologies.

Currently, the analyst consensus on Intuit is a Strong Buy with an average price target of $550.63, a 39.3% upside from current levels. In a report issued on September 22, MoffettNathanson also initiated coverage with a Buy rating on the stock with a $500.00 price target.

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Micron (MU)

According to TipRanks.com, Gerra is a 5-star analyst with an average return of 7.2% and a 49.9% success rate. Gerra covers the Technology sector, focusing on stocks such as Sequans Communications S A, Rockley Photonics Holdings, and Advanced Micro Devices.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Micron with a $65.40 average price target, which is a 29.4% upside from current levels. In a report issued on September 20, Stifel Nicolaus also initiated coverage with a Hold rating on the stock with a $56.00 price target.

Thomson Reuters (TRI)

In a report issued on September 28, Andrew Steinerman from J.P. Morgan maintained a Hold rating on Thomson Reuters, with a price target of $115.00. The company’s shares closed last Friday at $102.61.

According to TipRanks.com, Steinerman is a 4-star analyst with an average return of 6.5% and a 54.9% success rate. Steinerman covers the Services sector, focusing on stocks such as Resources Connection, BrightView Holdings, and ARAMARK Holdings.

Currently, the analyst consensus on Thomson Reuters is a Moderate Buy with an average price target of $117.28, representing a 13.3% upside. In a report issued on September 27, Morgan Stanley also maintained a Hold rating on the stock with a $112.00 price target.

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