Today, the Technology sector is in the spotlight as analysts share their insights on NetApp (NTAP), Farfetch (FTCH), and Amazon (AMZN).
NetApp (NTAP)
In a report released today, Meta Marshall from Morgan Stanley maintained a Hold rating on NetApp, with a price target of $74.00. The company’s shares closed at $73.27 last Monday.
According to TipRanks.com, Marshall is a 4-star analyst with an average return of 3.4% and a 52.9% success rate. Marshall focuses on the Technology sector, covering stocks such as Hewlett Packard Enterprise, Zoom Video Communications, and Keysight Technologies.
The current analyst consensus on NetApp is a Moderate Buy with an average price target of $80.43, representing a 9.5% upside. Wells Fargo also maintained a Hold rating on the stock with a $72.00 price target in a report released yesterday.
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Farfetch (FTCH)
BTIG analyst Marvin Fong maintained a Buy rating on Farfetch yesterday and set a price target of $5.50. The company’s shares closed at $1.69 last Monday, near its 52-week low of $1.54.
According to TipRanks.com, Fong has a 0-star ranking with an average return of -14.0% and a 30.5% success rate. Fong focuses on the Technology sector, covering stocks such as Digital Media Solutions, Fiverr International, and Mercadolibre.
The general analyst consensus rating for Farfetch is Hold, with an average price target of $5.78.
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