Analysts’ Opinions Are Mixed on These Technology Stocks: Workday (WDAY), Coupa Software (COUP) and Asana (ASAN)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Workday (WDAY – Research Report), Coupa Software (COUP – Research Report) and Asana (ASAN – Research Report).

Workday (WDAY)

Morgan Stanley analyst Keith Weiss maintained a Buy rating on Workday today and set a price target of $220.00. The company’s shares closed last Tuesday at $143.83, close to its 52-week low of $128.72.

According to TipRanks.com, Weiss is a 5-star analyst with an average return of 10.8% and a 57.6% success rate. Weiss covers the Technology sector, focusing on stocks such as Qualtrics International, Palantir Technologies, and BigCommerce Holdings.

Currently, the analyst consensus on Workday is a Strong Buy with an average price target of $206.23, which is a 43.7% upside from current levels. In a report issued on November 17, Bank of America Securities also maintained a Buy rating on the stock with a $200.00 price target.

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Coupa Software (COUP)

In a report released today, Stan Zlotsky from Morgan Stanley maintained a Buy rating on Coupa Software, with a price target of $75.00. The company’s shares closed last Tuesday at $45.74, close to its 52-week low of $40.30.

According to TipRanks.com, Zlotsky is ranked #584 out of 8112 analysts.

Currently, the analyst consensus on Coupa Software is a Hold with an average price target of $69.70.

Asana (ASAN)

Morgan Stanley analyst Josh Baer maintained a Hold rating on Asana today and set a price target of $26.00. The company’s shares closed last Tuesday at $17.28, close to its 52-week low of $15.67.

According to TipRanks.com, Baer is a 2-star analyst with an average return of -0.6% and a 43.2% success rate. Baer covers the Technology sector, focusing on stocks such as DigitalOcean Holdings, Smartsheet, and Toast Inc.

Asana has an analyst consensus of Moderate Buy, with a price target consensus of $25.90.

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