Analysts have recently shared their ratings on two prominent companies in the Technology sector, Workday (WDAY) and Amazon (AMZN).
For Workday, Monness analyst Brian White has maintained a Hold rating on the stock. As of last Friday, Workday’s shares closed at $214.85. White is recognized as a top 25 analyst with an average return of 20.0% and a success rate of 66.3%. His expertise lies in the Technology sector, where he focuses 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, indicating 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 ranked as a top 100 analyst with an average return of 25.4% and a success rate of 63.7%. He specializes in the Technology sector, focusing on stocks such as Uber Technologies, Alphabet Class A, and Viant Technology. The overall analyst consensus for Amazon is Strong Buy, 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.
For more insights and recommendations from analysts, you can visit TipRanks.com.
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