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Analysts Offer Insights on Technology Companies: Guidewire (GWRE), Oracle (ORCL) and Spotify Technology SA (SPOT)

Analysts have been eager to weigh in on the Technology sector with new ratings on Guidewire (GWREResearch Report), Oracle (ORCLResearch Report) and Spotify Technology SA (SPOTResearch Report).

Guidewire (GWRE)

In a report released today, Rishi Jaluria from RBC Capital maintained a Buy rating on Guidewire, with a price target of $100.00. The company’s shares closed last Tuesday at $67.19, close to its 52-week low of $66.75.

According to TipRanks.com, Jaluria is a 1-star analyst with an average return of -1.0% and a 41.3% success rate. Jaluria covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Zoom Video Communications, and Duck Creek Technologies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Guidewire with a $97.00 average price target, implying a 41.4% upside from current levels. In a report issued on August 30, D.A. Davidson also maintained a Buy rating on the stock with a $96.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Oracle (ORCL)

In a report released today, Brian White from Monness maintained a Buy rating on Oracle, with a price target of $113.00. The company’s shares closed last Tuesday at $73.83.

According to TipRanks.com, White is a 5-star analyst with an average return of 11.2% and a 57.8% success rate. White covers the Technology sector, focusing on stocks such as Spotify Technology SA, Palantir Technologies, and Alphabet Class A.

Currently, the analyst consensus on Oracle is a Moderate Buy with an average price target of $89.33.

Spotify Technology SA (SPOT)

In a report released today, Barton Crockett from Rosenblatt Securities maintained a Hold rating on Spotify Technology SA, with a price target of $112.00. The company’s shares closed last Tuesday at $102.59, close to its 52-week low of $89.03.

According to TipRanks.com, Crockett is a 4-star analyst with an average return of 3.9% and a 52.2% success rate. Crockett covers the Services sector, focusing on stocks such as Liberty Media Liberty Formula One, Lions Gate Entertainment Class B, and Live Nation Entertainment.

Spotify Technology SA has an analyst consensus of Moderate Buy, with a price target consensus of $141.78.

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