Blurbs

Analysts Offer Insights on Technology Companies: Phreesia (PHR), Braze (BRZE) and UiPath (PATH)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Phreesia (PHRResearch Report), Braze (BRZEResearch Report) and UiPath (PATHResearch Report) with bullish sentiments.

Phreesia (PHR)

In a report released today, Joe Goodwin from JMP Securities maintained a Buy rating on Phreesia, with a price target of $50.00. The company’s shares closed last Wednesday at $29.38, close to its 52-week low of $22.89.

According to TipRanks.com, Goodwin is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -7.6% and a 41.9% success rate. Goodwin covers the Technology sector, focusing on stocks such as Consensus Cloud Solutions, Duck Creek Technologies, and Tyler Technologies.

Phreesia has an analyst consensus of Moderate Buy, with a price target consensus of $55.00, which is an 87.2% upside from current levels. In a report issued on March 28, Jefferies also maintained a Buy rating on the stock with a $59.00 price target.

See the top stocks recommended by analysts >>

Braze (BRZE)

In a report released today, Patrick Walravens from JMP Securities maintained a Buy rating on Braze, with a price target of $90.00. The company’s shares closed last Wednesday at $43.58.

According to TipRanks.com, Walravens is a 5-star analyst with an average return of 17.9% and a 60.5% success rate. Walravens covers the Technology sector, focusing on stocks such as Zoom Video Communications, ZoomInfo Technologies, and DigitalOcean Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Braze with a $77.00 average price target, which is a 60.7% upside from current levels. In a report released today, Oppenheimer also maintained a Buy rating on the stock with a $60.00 price target.

UiPath (PATH)

Oppenheimer analyst Brian Schwartz maintained a Buy rating on UiPath today and set a price target of $35.00. The company’s shares closed last Wednesday at $29.04, close to its 52-week low of $23.93.

According to TipRanks.com, Schwartz is a top 25 analyst with an average return of 27.9% and a 71.8% success rate. Schwartz covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Zeta Global Holdings Corp, and Qualtrics International.

UiPath has an analyst consensus of Moderate Buy, with a price target consensus of $48.86.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on PHR:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More