There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Splunk (SPLK – Research Report) and Coinbase Global (COIN – Research Report) with bullish sentiments.
Splunk (SPLK)
JMP Securities analyst Erik Suppiger maintained a Buy rating on Splunk today and set a price target of $175.00. The company’s shares closed last Tuesday at $165.59.
According to TipRanks.com, Suppiger is a 5-star analyst with an average return of
Currently, the analyst consensus on Splunk is a Moderate Buy with an average price target of $181.50.
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Coinbase Global (COIN)
In a report released yesterday, Devin Ryan from JMP Securities reiterated a Buy rating on Coinbase Global, with a price target of $330.00. The company’s shares closed last Tuesday at $305.63.
According to TipRanks.com, Ryan is a top 100 analyst with an average return of
Currently, the analyst consensus on Coinbase Global is a Moderate Buy with an average price target of $340.73, a 13.6% upside from current levels. In a report issued on October 4, D.A. Davidson also maintained a Buy rating on the stock with a $400.00 price target.
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