Analysts Are Bullish on Top Technology Stocks: CrowdStrike Holdings (CRWD), Salesforce (CRM)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on CrowdStrike Holdings (CRWDResearch Report) and Salesforce (CRMResearch Report) with bullish sentiments.

CrowdStrike Holdings (CRWD)

JMP Securities analyst Trevor J. Walsh reiterated a Buy rating on CrowdStrike Holdings today and set a price target of $235.00. The company’s shares closed last Wednesday at $160.13.

According to TipRanks.com, Walsh is a 3-star analyst with an average return of 5.1% and a 64.8% success rate. Walsh covers the Technology sector, focusing on stocks such as Palo Alto Networks, CyberArk Software, and Planet Labs PBC.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for CrowdStrike Holdings with a $170.59 average price target, representing a 7.4% upside. In a report issued on May 30, Needham also reiterated a Buy rating on the stock with a $170.00 price target.

See the top stocks recommended by analysts >>

Salesforce (CRM)

JMP Securities analyst Patrick Walravens maintained a Buy rating on Salesforce today and set a price target of $275.00. The company’s shares closed last Wednesday at $223.38.

According to TipRanks.com, Walravens is a 3-star analyst with an average return of 1.5% and a 42.4% success rate. Walravens covers the Technology sector, focusing on stocks such as Zoom Video Communications, Qualtrics International, and ZoomInfo Technologies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Salesforce with a $230.33 average price target, representing a 4.9% upside. In a report issued on May 17, Bank of America Securities also reiterated a Buy rating on the stock with a $250.00 price target.

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