Analysts Offer Insights on Technology Companies: Microsoft (NASDAQ: MSFT), Change Healthcare (NASDAQ: CHNG) and Spotify Technology SA (NYSE: SPOT)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Microsoft (MSFT – Research Report), Change Healthcare (CHNG – Research Report) and Spotify Technology SA (SPOT – Research Report).
In a report issued on April 3, Brad Zelnick from Credit Suisse maintained a Buy rating on Microsoft, with a price target of $190.00. The company’s shares closed last Monday at $165.27.
According to TipRanks.com, Zelnick is a 5-star analyst with an average return of 12.6% and a 65.2% success rate. Zelnick covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, Zoom Video Communications, and Ceridian HCM Holding.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Microsoft with a $192.46 average price target, which is a 20.0% upside from current levels. In a report issued on March 24,