Analysts’ Top Technology Picks: Micron (MU), Verint Systems (VRNT)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Micron (MUResearch Report), Verint Systems (VRNTResearch Report) and Nutanix (NTNXResearch Report) with bullish sentiments.

Micron (MU)

Susquehanna analyst Mehdi Hosseini reiterated a Buy rating on Micron today and set a price target of $135.00. The company’s shares closed last Wednesday at $73.97.

According to TipRanks.com, Hosseini is a 5-star analyst with an average return of 12.4% and a 56.5% success rate. Hosseini covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Keysight Technologies, and National Instruments.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Micron with a $109.81 average price target, implying a 50.3% upside from current levels. In a report issued on September 21, UBS also maintained a Buy rating on the stock with a $95.00 price target.

See today’s analyst top recommended stocks >>

Verint Systems (VRNT)

Needham analyst Ryan MacDonald reiterated a Buy rating on Verint Systems today and set a price target of $61.00. The company’s shares closed last Wednesday at $44.22.

According to TipRanks.com, MacDonald is a top 100 analyst with an average return of 38.5% and a 69.3% success rate. MacDonald covers the Technology sector, focusing on stocks such as Zeta Global Holdings Corp, Momentive Global, and Coupa Software.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Verint Systems with a $70.33 average price target, implying a 61.3% upside from current levels. In a report issued on September 10, Evercore ISI also maintained a Buy rating on the stock with a $75.00 price target.

Nutanix (NTNX)

Needham analyst Jack Andrews reiterated a Buy rating on Nutanix today and set a price target of $64.00. The company’s shares closed last Wednesday at $40.20.

According to TipRanks.com, Andrews is a 5-star analyst with an average return of 27.0% and a 66.1% success rate. Andrews covers the Technology sector, focusing on stocks such as LiveRamp Holdings, CommVault Systems, and Pegasystems.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nutanix with a $49.50 average price target.

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