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Analysts Offer Insights on Technology Companies: Huntington Ingalls (HII) and Cloudflare (NET)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Huntington Ingalls (HIIResearch Report) and Cloudflare (NETResearch Report) with bullish sentiments.

Huntington Ingalls (HII)

Cowen & Co. analyst Gautam Khanna maintained a Buy rating on Huntington Ingalls today and set a price target of $270.00. The company’s shares closed last Thursday at $230.90.

According to TipRanks.com, Khanna is a 5-star analyst with an average return of 11.6% and a 69.8% success rate. Khanna covers the Technology sector, focusing on stocks such as L3Harris Technologies, Howmet Aerospace, and Transdigm Group.

Currently, the analyst consensus on Huntington Ingalls is a Hold with an average price target of $268.20.

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

Cloudflare (NET)

Cowen & Co. analyst Shaul Eyal maintained a Buy rating on Cloudflare today and set a price target of $75.00. The company’s shares closed last Thursday at $49.57, close to its 52-week low of $37.37.

According to TipRanks.com, Eyal is a top 100 analyst with an average return of 24.8% and a 66.1% success rate. Eyal covers the Technology sector, focusing on stocks such as Evolv Technologies Holdings, CrowdStrike Holdings, and Palo Alto Networks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cloudflare with a $66.72 average price target.

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