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Analysts Offer Insights on Technology Companies: Salesforce (CRM), Hewlett Packard Enterprise (HPE) and C3ai (AI)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Salesforce (CRMResearch Report), Hewlett Packard Enterprise (HPEResearch Report) and C3ai (AIResearch Report).

Salesforce (CRM)

In a report released today, Yun Kim from Loop Capital Markets maintained a Hold rating on Salesforce, with a price target of $175.00. The company’s shares closed last Wednesday at $176.07, close to its 52-week low of $154.55.

According to TipRanks.com, Kim is a 5-star analyst with an average return of 19.3% and a 62.6% success rate. Kim covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, SentinelOne, and Expensify.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Salesforce with a $239.07 average price target, implying a 34.3% upside from current levels. In a report released yesterday, UBS also maintained a Hold rating on the stock with a $190.00 price target.

See the top stocks recommended by analysts >>

Hewlett Packard Enterprise (HPE)

Raymond James analyst Simon Leopold maintained a Buy rating on Hewlett Packard Enterprise today and set a price target of $20.00. The company’s shares closed last Wednesday at $15.78.

According to TipRanks.com, Leopold is a 5-star analyst with an average return of 8.6% and a 57.3% success rate. Leopold covers the Technology sector, focusing on stocks such as CommScope Holding, Dell Technologies, and Cambium Networks.

Hewlett Packard Enterprise has an analyst consensus of Moderate Buy, with a price target consensus of $17.35, a 9.7% upside from current levels. In a report released today, Barclays also maintained a Buy rating on the stock with a $19.00 price target.

C3ai (AI)

Morgan Stanley analyst Sanjit Singh maintained a Sell rating on C3ai today and set a price target of $14.00. The company’s shares closed last Wednesday at $18.55, close to its 52-week low of $13.37.

According to TipRanks.com, Singh is a 4-star analyst with an average return of 6.5% and a 50.5% success rate. Singh covers the Technology sector, focusing on stocks such as Datto Holding, SolarWinds, and Sumo Logic.

The word on The Street in general, suggests a Hold analyst consensus rating for C3ai with a $18.44 average price target, which is a -3.2% downside from current levels. In a report released today, Deutsche Bank also maintained a Sell rating on the stock with a $14.50 price target.

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