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Analysts Offer Insights on Technology Companies: Wix (WIX), Phreesia (PHR) and Asana (ASAN)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Wix (WIXResearch Report), Phreesia (PHRResearch Report) and Asana (ASANResearch Report) with bullish sentiments.

Wix (WIX)

JMP Securities analyst Andrew Boone maintained a Buy rating on Wix today and set a price target of $100.00. The company’s shares closed last Wednesday at $65.07, close to its 52-week low of $53.12.

According to TipRanks.com, Boone ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -24.4% and a 17.1% success rate. Boone covers the Technology sector, focusing on stocks such as DoubleVerify Holdings, Fiverr International, and AdTheorent Holding.

Currently, the analyst consensus on Wix is a Moderate Buy with an average price target of $88.80.

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Phreesia (PHR)

JMP Securities analyst Joe Goodwin maintained a Buy rating on Phreesia today and set a price target of $34.00. The company’s shares closed last Wednesday at $23.92.

According to TipRanks.com, Goodwin has 0 stars on 0-5 stars ranking scale with an average return of -13.0% and a 25.4% success rate. Goodwin covers the Technology sector, focusing on stocks such as Consensus Cloud Solutions, Duck Creek Technologies, and Procore Technologies.

Currently, the analyst consensus on Phreesia is a Moderate Buy with an average price target of $32.00.

Asana (ASAN)

In a report released today, Patrick Walravens from JMP Securities maintained a Buy rating on Asana, with a price target of $43.00. The company’s shares closed last Wednesday at $19.04, close to its 52-week low of $16.19.

According to TipRanks.com, Walravens is a 4-star analyst with an average return of 3.5% and a 42.2% success rate. Walravens covers the Technology sector, focusing on stocks such as Zoom Video Communications, Qualtrics International, and DigitalOcean Holdings.

Currently, the analyst consensus on Asana is a Moderate Buy with an average price target of $32.00.

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