In the world of technology, there are positive sentiments surrounding Amazon (AMZN) and Intuit (INTU), according to two analysts. James Lee, an analyst from Mizuho Securities, recently maintained a Buy rating on Amazon with a price target of $180.00. The stock closed at $134.24 on Monday, nearing its 52-week high of $143.63. Lee, who has an impressive track record, covers the Technology sector and has an average return of 8.3% and a success rate of 57.8%. The overall consensus among analysts is a Strong Buy for Amazon, with an average price target of $174.63, indicating a potential upside of 31.1%. Barclays also initiated coverage on the stock with a Buy rating and a price target of $180.00.
Moving on to Intuit, Siti Panigrahi, another analyst from Mizuho Securities, maintained a Buy rating on the stock with a price target of $550.00. Intuit closed at $487.00 on Monday. Panigrahi, who specializes in the Technology sector, has a success rate of 46.3% but is yet to receive a star ranking. The consensus among analysts is also a Strong Buy for Intuit, with an average price target of $523.35, representing a potential upside of 7.7%. BMO Capital also maintained a Buy rating on the stock with a price target of $560.00.
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