There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Robinhood Markets (HOOD – Research Report) and Palo Alto Networks (PANW – Research Report) with bullish sentiments.
Don’t Miss Our End of Quarter Offers:
Robinhood Markets (HOOD)
Piper Sandler analyst Patrick Moley maintained a Buy rating on Robinhood Markets today and set a price target of $75.00. The company’s shares closed last Friday at $41.92.
According to TipRanks.com, Moley is a 5-star analyst with an average return of 23.1% and a 77.6% success rate. Moley covers the Financial sector, focusing on stocks such as Intercontinental Exchange, Marathon Digital Holdings, and Galaxy Digital Holdings.
Currently, the analyst consensus on Robinhood Markets is a Moderate Buy with an average price target of $69.53, which is a 62.9% upside from current levels. In a report issued on March 18, Compass Point also initiated coverage with a Buy rating on the stock with a $61.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
Palo Alto Networks (PANW)
Rosenblatt Securities analyst Catharine Trebnick maintained a Buy rating on Palo Alto Networks today and set a price target of $235.00. The company’s shares closed last Friday at $172.76.
According to TipRanks.com, Trebnick is ranked 0 out of 5 stars with an average return of -6.4% and a 40.1% success rate. Trebnick covers the Technology sector, focusing on stocks such as Zoom Video Communications, CrowdStrike Holdings, and CyberArk Software.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Palo Alto Networks with a $218.68 average price target, which is a 25.7% upside from current levels. In a report issued on March 18, Morgan Stanley also initiated coverage with a Buy rating on the stock with a $230.00 price target.
Read More on HOOD: