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Analysts Offer Insights on Technology Companies: Check Point (CHKP), Identiv (INVE) and Elastic (ESTC)

Analysts have been eager to weigh in on the Technology sector with new ratings on Check Point (CHKPResearch Report), Identiv (INVEResearch Report) and Elastic (ESTCResearch Report).

Check Point (CHKP)

Wells Fargo analyst Andrew Nowinski maintained a Sell rating on Check Point today and set a price target of $144.00. The company’s shares closed last Monday at $136.00.

According to TipRanks.com, Nowinski is a 5-star analyst with an average return of 17.3% and a 55.1% success rate. Nowinski covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, Ping Identity Holding, and CrowdStrike Holdings.

Currently, the analyst consensus on Check Point is a Hold with an average price target of $144.59.

See today’s best-performing stocks on TipRanks >>

Identiv (INVE)

Identiv received a Buy rating and a $20.00 price target from Craig-Hallum analyst Anthony Stoss today. The company’s shares closed last Monday at $12.66, close to its 52-week low of $12.36.

According to TipRanks.com, Stoss is a 5-star analyst with an average return of 20.5% and a 62.2% success rate. Stoss covers the Technology sector, focusing on stocks such as Akoustis Technologies, Stmicroelectronics, and Digi International.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Identiv with a $21.50 average price target, representing a 71.7% upside. In a report issued on April 14, B.Riley Financial also maintained a Buy rating on the stock with a $23.00 price target.

Elastic (ESTC)

In a report released today, Kamil Mielczarek from William Blair initiated coverage with a Buy rating on Elastic. The company’s shares closed last Monday at $82.44, close to its 52-week low of $66.39.

According to TipRanks.com, Mielczarek is ranked #7237 out of 7909 analysts.

Currently, the analyst consensus on Elastic is a Strong Buy with an average price target of $130.88.

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