There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Cognizant (CTSH – Research Report), Northrop (NOC – Research Report) and Snowflake (SNOW – Research Report) with bullish sentiments.
Cognizant (CTSH)
Robert W. Baird analyst David Koning maintained a Buy rating on Cognizant on November 29 and set a price target of $66.00. The company’s shares closed last Thursday at $62.62.
According to TipRanks.com, Koning is a 3-star analyst with an average return of
Currently, the analyst consensus on Cognizant is a Hold with an average price target of $62.03.
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Northrop (NOC)
In a report issued on November 30, Peter Arment from Robert W. Baird maintained a Buy rating on Northrop, with a price target of $570.00. The company’s shares closed last Thursday at $530.30, close to its 52-week high of $556.27.
According to TipRanks.com, Arment is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Northrop with a $541.45 average price target, representing a 1.3% upside. In a report issued on November 28, Seaport Global also maintained a Buy rating on the stock with a $585.00 price target.
Snowflake (SNOW)
Robert W. Baird analyst William Power reiterated a Buy rating on Snowflake yesterday and set a price target of $185.00. The company’s shares closed last Thursday at $154.04, close to its 52-week low of $110.27.
According to TipRanks.com, Power is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Snowflake with a $194.32 average price target, which is a 34.5% upside from current levels. In a report issued on November 18, Barclays also maintained a Buy rating on the stock with a $200.00 price target.
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