Analysts have recently provided new ratings for two major players in the Technology sector, Workday (WDAY) and Amazon (AMZN).
For Workday, Monness analyst Brian White has maintained a Hold rating on the company. Workday’s shares closed at $214.85 last Friday. According to TipRanks.com, White is a top 25 analyst with an average return of 20.0% and a success rate of 66.3%. He specializes in the Technology sector, focusing on stocks such as Spotify Technology SA, Palantir Technologies, and Alphabet Class A. The current analyst consensus on Workday is a Moderate Buy, with an average price target of $255.56, representing an 18.9% upside from the current levels. Citi also issued a report on September 22, maintaining a Hold rating on the stock with a $247.00 price target.
Moving on to Amazon, UBS analyst Lloyd Walmsley has maintained a Buy rating on the company and set a price target of $180.00. Amazon’s shares closed at $127.12 last Friday. Walmsley is a top 100 analyst with an average return of 25.4% and a success rate of 63.7%. He covers the Technology sector, focusing on stocks such as Uber Technologies, Alphabet Class A, and Viant Technology. The general consensus among analysts suggests a Strong Buy rating for Amazon, with an average price target of $176.02, implying a 37.3% upside from the current levels. Argus Research also issued a report on September 27, maintaining a Buy rating on the stock with a $165.00 price target.
TipRanks.com has analyzed insider activities and identified three stocks that are likely to make moves based on their insider transactions.
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