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Analysts Conflicted on These Technology Names: Plug Power (PLUG), Meta Platforms (FB) and Microsoft (MSFT)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Plug Power (PLUGResearch Report), Meta Platforms (FBResearch Report) and Microsoft (MSFTResearch Report).

Plug Power (PLUG)

In a report issued on April 19, Ameet Thakkar from BMO Capital reiterated a Hold rating on Plug Power, with a price target of $33.00. The company’s shares closed last Friday at $22.04, close to its 52-week low of $17.51.

According to TipRanks.com, Thakkar is ranked #7315 out of 7914 analysts.

Currently, the analyst consensus on Plug Power is a Moderate Buy with an average price target of $38.58.

See Insiders’ Hot Stocks on TipRanks >>

Meta Platforms (FB)

JMP Securities analyst Andrew Boone reiterated a Buy rating on Meta Platforms on April 19 and set a price target of $265.00. The company’s shares closed last Friday at $184.11, close to its 52-week low of $183.27.

According to TipRanks.com, Boone is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -15.2% and a 21.0% success rate. Boone covers the Technology sector, focusing on stocks such as DoubleVerify Holdings, Fiverr International, and Zillow Group Class A.

Currently, the analyst consensus on Meta Platforms is a Moderate Buy with an average price target of $312.88, implying a 64.4% upside from current levels. In a report issued on April 5, UBS also maintained a Buy rating on the stock with a $300.00 price target.

Microsoft (MSFT)

In a report issued on April 19, Brad Zelnick from Deutsche Bank reiterated a Buy rating on Microsoft, with a price target of $390.00. The company’s shares closed last Friday at $274.03.

According to TipRanks.com, Zelnick is a top 100 analyst with an average return of 18.8% and a 71.3% success rate. Zelnick covers the Technology sector, focusing on stocks such as Palantir Technologies, ServiceNow, and Paycor HCM.

Currently, the analyst consensus on Microsoft is a Strong Buy with an average price target of $368.91, representing a 31.0% upside. In a report issued on April 11, UBS also maintained a Buy rating on the stock with a $360.00 price target.

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