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Analysts’ Top Technology Picks: KLA (KLAC), Salesforce (CRM)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on KLA (KLACResearch Report), Salesforce (CRMResearch Report) and Intuit (INTUResearch Report) with bullish sentiments.

KLA (KLAC)

KLA received a Buy rating and an $800.00 price target from Deutsche Bank analyst Melissa Weathers on April 10. The company’s shares closed last Friday at $680.78, close to its 52-week high of $729.15.

According to TipRanks.com, Weathers is a 2-star analyst with an average return of 9.1% and a 66.7% success rate. Weathers covers the Technology sector, focusing on stocks such as Lattice Semiconductor, Applied Materials, and Lam Research.

Currently, the analyst consensus on KLA is a Moderate Buy with an average price target of $690.11, which is a 0.8% upside from current levels. In a report issued on April 2, Wells Fargo also assigned a Buy rating to the stock with a $805.00 price target.

See the top stocks recommended by analysts >>

Salesforce (CRM)

In a report released today, Brian Schwartz from Oppenheimer maintained a Buy rating on Salesforce, with a price target of $325.00. The company’s shares closed last Friday at $294.32.

According to TipRanks.com, Schwartz is a top 100 analyst with an average return of 20.5% and a 63.2% success rate. Schwartz covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Zeta Global Holdings Corp, and PROS Holdings.

Salesforce has an analyst consensus of Moderate Buy, with a price target consensus of $338.06, which is a 13.9% upside from current levels. In a report released today, Needham also maintained a Buy rating on the stock with a $345.00 price target.

Intuit (INTU)

Oppenheimer analyst Scott Schneeberger maintained a Buy rating on Intuit today and set a price target of $712.00. The company’s shares closed last Friday at $621.11.

According to TipRanks.com, Schneeberger is a 5-star analyst with an average return of 11.9% and a 59.0% success rate. Schneeberger covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, Target Hospitality, and United Rentals.

Currently, the analyst consensus on Intuit is a Strong Buy with an average price target of $708.48, implying a 14.5% upside from current levels. In a report issued on April 5, Citi also maintained a Buy rating on the stock with a $744.00 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.

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Analysts Offer Insights on Technology Companies: NetApp (NTAP) and Intuit (INTU)

Analysts have been eager to weigh in on the Technology sector with new ratings on NetApp (NTAPResearch Report) and Intuit (INTUResearch Report).

NetApp (NTAP)

Citi analyst Asiya Merchant maintained a Hold rating on NetApp on April 12 and set a price target of $110.00. The company’s shares closed last Friday at $101.81.

According to TipRanks.com, Merchant is a 5-star analyst with an average return of 27.9% and a 61.7% success rate. Merchant covers the Technology sector, focusing on stocks such as Dell Technologies, TE Connectivity, and Pure Storage.

NetApp has an analyst consensus of Hold, with a price target consensus of $103.79.

See the top stocks recommended by analysts >>

Intuit (INTU)

In a report issued on April 12, Steve Enders from Citi maintained a Buy rating on Intuit, with a price target of $744.00. The company’s shares closed last Friday at $621.11.

According to TipRanks.com, Enders ‘ ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -8.4% and a 47.7% success rate. Enders covers the Technology sector, focusing on stocks such as Instructure Holdings, Pegasystems, and Monday.com.

Intuit has an analyst consensus of Strong Buy, with a price target consensus of $708.48, which is a 14.5% upside from current levels. In a report issued on April 7, Mizuho Securities also maintained a Buy rating on the stock with a $725.00 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.

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