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Analysts Offer Insights on Technology Companies: Accenture (ACN), Autodesk (ADSK) and Nvidia (NVDA)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Accenture (ACNResearch Report), Autodesk (ADSKResearch Report) and Nvidia (NVDAResearch Report).

Accenture (ACN)

In a report issued on November 15, David Koning from Robert W. Baird maintained a Hold rating on Accenture, with a price target of $298.00. The company’s shares closed last Thursday at $287.14.

According to TipRanks.com, Koning is a 3-star analyst with an average return of 0.9% and a 47.0% success rate. Koning covers the Technology sector, focusing on stocks such as TELUS International (CDA), Jack Henry & Associates, and AvidXchange Holdings.

Currently, the analyst consensus on Accenture is a Strong Buy with an average price target of $320.19.

See Insiders’ Hot Stocks on TipRanks >>

Autodesk (ADSK)

In a report issued on November 16, Joseph Vruwink from Robert W. Baird maintained a Buy rating on Autodesk, with a price target of $255.00. The company’s shares closed last Thursday at $214.68.

According to TipRanks.com, Vruwink is a 3-star analyst with an average return of 2.3% and a 55.2% success rate. Vruwink covers the Technology sector, focusing on stocks such as Manhattan Associates, Instructure Holdings, and Bentley Systems.

Currently, the analyst consensus on Autodesk is a Moderate Buy with an average price target of $248.36, a 15.1% upside from current levels. In a report issued on November 15, Mizuho Securities also maintained a Buy rating on the stock with a $260.00 price target.

Nvidia (NVDA)

In a report issued on November 16, Tristan Gerra from Robert W. Baird maintained a Hold rating on Nvidia, with a price target of $150.00. The company’s shares closed last Thursday at $156.77.

According to TipRanks.com, Gerra is a 5-star analyst with an average return of 8.5% and a 54.5% success rate. Gerra covers the Technology sector, focusing on stocks such as Sequans Communications S A, Advanced Micro Devices, and Lattice Semiconductor.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nvidia with a $194.24 average price target, which is a 23.6% upside from current levels. In a report released yesterday, Deutsche Bank also maintained a Hold rating on the stock with a $150.00 price target.

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