There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Kyndryl Holdings Incorporation (KD – Research Report) and Check Point (CHKP – Research Report) with bullish sentiments.
Kyndryl Holdings Incorporation (KD)
In a report released today, Ian Zaffino from Oppenheimer maintained a Buy rating on Kyndryl Holdings Incorporation, with a price target of $33.00. The company’s shares closed last Monday at $23.77.
According to TipRanks.com, Zaffino is a 4-star analyst with an average return of 4.5% and a 48.9% success rate. Zaffino covers the Industrial Goods sector, focusing on stocks such as Air Transport Services, Resideo Technologies, and ARAMARK Holdings.
Currently, the analyst consensus on Kyndryl Holdings Incorporation is a Strong Buy with an average price target of $32.00.
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Check Point (CHKP)
In a report released today, Shaul Eyal from TD Cowen assigned a Buy rating to Check Point, with a price target of $215.00. The company’s shares closed last Monday at $207.96, close to its 52-week high of $210.70.
According to TipRanks.com, Eyal is a top 25 analyst with an average return of 26.4% and a 69.2% success rate. Eyal covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and CyberArk Software.
Currently, the analyst consensus on Check Point is a Moderate Buy with an average price target of $209.00, representing a 0.5% upside. In a report issued on October 23, Truist Financial also maintained a Buy rating on the stock with a $220.00 price target.
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