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Analysts Offer Insights on Technology Companies: Braze (BRZE), Verint Systems (VRNT) and Adobe (ADBE)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Braze (BRZEResearch Report), Verint Systems (VRNTResearch Report) and Adobe (ADBEResearch Report) with bullish sentiments.

Braze (BRZE)

Citi analyst Tyler Radke assigned a Buy rating to Braze today and set a price target of $72.00. The company’s shares closed last Wednesday at $50.58.

According to TipRanks.com, Radke is a 4-star analyst with an average return of 5.9% and a 53.1% success rate. Radke covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Zoom Video Communications, and ZoomInfo Technologies.

Braze has an analyst consensus of Strong Buy, with a price target consensus of $69.30, implying a 38.6% upside from current levels. In a report issued on March 22, Barclays also initiated coverage with a Buy rating on the stock with a $80.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Verint Systems (VRNT)

Needham analyst Joshua Reilly maintained a Buy rating on Verint Systems today and set a price target of $40.00. The company’s shares closed last Wednesday at $31.09.

According to TipRanks.com, Reilly is a 3-star analyst with an average return of 2.9% and a 47.3% success rate. Reilly covers the Technology sector, focusing on stocks such as ZoomInfo Technologies, Tyler Technologies, and Clear Secure.

Verint Systems has an analyst consensus of Moderate Buy, with a price target consensus of $35.25, a 13.0% upside from current levels. In a report released yesterday, RBC Capital also maintained a Buy rating on the stock with a $36.00 price target.

Adobe (ADBE)

In a report released today, J. Parker Lane from Stifel Nicolaus maintained a Buy rating on Adobe, with a price target of $625.00. The company’s shares closed last Wednesday at $504.40.

According to TipRanks.com, Lane is a 1-star analyst with an average return of -2.8% and a 43.1% success rate. Lane covers the Technology sector, focusing on stocks such as Zoom Video Communications, ZoomInfo Technologies, and BigCommerce Holdings.

Currently, the analyst consensus on Adobe is a Moderate Buy with an average price target of $620.63, which is a 20.4% upside from current levels. In a report issued on March 14, Evercore ISI also maintained a Buy rating on the stock with a $650.00 price target.

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