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Analysts’ Opinions Are Mixed on These Technology Stocks: Microstrategy (MSTR), Synaptics (SYNA) and Atlassian (TEAM)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Microstrategy (MSTRResearch Report), Synaptics (SYNAResearch Report) and Atlassian (TEAMResearch Report).

Microstrategy (MSTR)

Canaccord Genuity analyst Joseph Vafi maintained a Buy rating on Microstrategy today and set a price target of $400.00. The company’s shares closed last Thursday at $292.13.

According to TipRanks.com, Vafi is a 5-star analyst with an average return of 22.1% and a 48.2% success rate. Vafi covers the Technology sector, focusing on stocks such as Pagaya Technologies Ltd, Bill.com Holdings, and Coupa Software.

The word on The Street in general, suggests a Hold analyst consensus rating for Microstrategy with a $255.00 average price target.

See the top stocks recommended by analysts >>

Synaptics (SYNA)

In a report released today, John Vinh from KeyBanc maintained a Buy rating on Synaptics, with a price target of $160.00. The company’s shares closed last Thursday at $139.84.

According to TipRanks.com, Vinh is a 5-star analyst with an average return of 11.2% and a 57.8% success rate. Vinh covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Silicon Laboratories, and Skyworks Solutions.

Currently, the analyst consensus on Synaptics is a Strong Buy with an average price target of $136.25, representing a 0.4% upside. In a report released yesterday, Mizuho Securities also maintained a Buy rating on the stock with a $155.00 price target.

Atlassian (TEAM)

BMO Capital analyst Keith Bachman maintained a Hold rating on Atlassian yesterday and set a price target of $170.00. The company’s shares closed last Thursday at $182.41.

According to TipRanks.com, Bachman is a 4-star analyst with an average return of 6.4% and a 54.0% success rate. Bachman covers the Technology sector, focusing on stocks such as International Business Machines, TELUS International (CDA), and Qualtrics International.

Atlassian has an analyst consensus of Moderate Buy, with a price target consensus of $188.92, implying a 5.2% upside from current levels. In a report released yesterday, Raymond James also maintained a Hold rating on the stock.

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