There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Nvidia (NVDA – Research Report), HubSpot (HUBS – Research Report) and Dynatrace (DT – Research Report) with bullish sentiments.
Nvidia (NVDA)
In a report released today, Rick Schafer from Oppenheimer maintained a Buy rating on Nvidia, with a price target of $250.00. The company’s shares closed last Tuesday at $209.77.
According to TipRanks.com, Schafer is a top 25 analyst with an average return of 22.5% and a 74.7% success rate. Schafer covers the Technology sector, focusing on stocks such as NXP Semiconductors, Skyworks Solutions, and Texas Instruments.
Nvidia has an analyst consensus of Moderate Buy, with a price target consensus of $237.10, which is a 12.9% upside from current levels. In a report issued on February 17, KeyBanc also maintained a Buy rating on the stock with a $280.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
HubSpot (HUBS)
In a report released today, Kenneth Wong from Oppenheimer maintained a Buy rating on HubSpot, with a price target of $450.00. The company’s shares closed last Tuesday at $388.69.
According to TipRanks.com, Wong is a 4-star analyst with an average return of 5.0% and a 51.5% success rate. Wong covers the Technology sector, focusing on stocks such as BigCommerce Holdings, Procore Technologies, and Bill.com Holdings.
HubSpot has an analyst consensus of Strong Buy, with a price target consensus of $447.48, which is an 11.9% upside from current levels. In a report issued on February 10, RBC Capital also maintained a Buy rating on the stock with a $380.00 price target.
Dynatrace (DT)
BMO Capital analyst Keith Bachman maintained a Buy rating on Dynatrace today and set a price target of $50.00. The company’s shares closed last Tuesday at $42.55.
According to TipRanks.com, Bachman is a 5-star analyst with an average return of 6.5% and a 55.7% success rate. Bachman covers the Technology sector, focusing on stocks such as International Business Machines, TELUS International (CDA), and Qualtrics International.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Dynatrace with a $48.18 average price target, representing a 14.8% upside. In a report issued on February 10, Needham also maintained a Buy rating on the stock with a $52.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.