Analysts have been eager to weigh in on the Technology sector with new ratings on Salesforce (CRM – Research Report), TD SYNNEX Corporation (SNX – Research Report) and HEICO (HEI – Research Report).
RBC Capital analyst Rishi Jaluria maintained a Buy rating on Salesforce on January 4 and set a price target of $200.00. The company’s shares closed last Friday at $140.51, close to its 52-week low of $126.34.
According to TipRanks.com, Jaluria is a 1-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Salesforce with a $194.71 average price target, representing a 41.5% upside. In a report issued on December 20, Credit Suisse also initiated coverage with a Buy rating on the stock with a $225.00 price target.
See today’s best-performing stocks on TipRanks >>
TD SYNNEX Corporation (SNX)
RBC Capital analyst Ashish Sabadra maintained a Hold rating on TD SYNNEX Corporation on January 5 and set a price target of $95.00. The company’s shares closed last Friday at $99.27.
According to TipRanks.com, Sabadra is a 1-star analyst with an average return of
TD SYNNEX Corporation has an analyst consensus of Strong Buy, with a price target consensus of $118.00.
RBC Capital analyst Kenneth Herbert maintained a Buy rating on HEICO on January 5 and set a price target of $175.00. The company’s shares closed last Friday at $157.85.
According to TipRanks.com, Herbert is a top 100 analyst with an average return of
Currently, the analyst consensus on HEICO is a Moderate Buy with an average price target of $176.40, which is a 14.9% upside from current levels. In a report issued on December 21, Benchmark Co. also maintained a Buy rating on the stock with a $170.00 price target.
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 CRM:
- Slack to cut 10% of product, engineering organization, Insider reports
- Salesforce price target lowered to $140 from $150 at Loop Capital
- Salesforce price target lowered to $175 from $195 at Cowen
- Salesforce restructuring plan ‘a step in the right direction,’ says Jefferies
- Salesforce up 4% to $139.85 after announcing restructuring