There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Alphabet Class A (GOOGL – Research Report) and ServiceNow (NOW – Research Report) with bullish sentiments.
Alphabet Class A (GOOGL)
Mizuho Securities analyst James Lee maintained a Buy rating on Alphabet Class A on January 25 and set a price target of $135.00. The company’s shares closed last Thursday at $97.52.
According to TipRanks.com, Lee is a 4-star analyst with an average return of
Alphabet Class A has an analyst consensus of Strong Buy, with a price target consensus of $126.95, implying a 31.6% upside from current levels. In a report issued on January 24, Raymond James also maintained a Buy rating on the stock with a $116.00 price target.
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In a report released yesterday, Gregg Moskowitz from Mizuho Securities reiterated a Buy rating on ServiceNow, with a price target of $500.00. The company’s shares closed last Thursday at $463.07.
According to TipRanks.com, Moskowitz is a 5-star analyst with an average return of
Currently, the analyst consensus on ServiceNow is a Strong Buy with an average price target of $516.88, which is an 11.9% upside from current levels. In a report issued on January 11, Canaccord Genuity also maintained a Buy rating on the stock with a $460.00 price target.
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Read More on GOOGL:
- Institutional hedge fund manager want more Google job cuts, The Register says
- GOOGL Responds to U.S. DoJ Complaint
- Alphabet price target lowered to $120 from $130 at MKM Partners
- Alphabet price target raised to $145 from $128 at Credit Suisse
- Alphabet’s Waymo quietly lays off staff, The Information reports