Analysts Conflicted on These Technology Names: Globant SA (GLOB), DocuSign (DOCU) and Amplitude (AMPL)

Analysts have been eager to weigh in on the Technology sector with new ratings on Globant SA (GLOB – Research Report), DocuSign (DOCU – Research Report) and Amplitude (AMPL – Research Report).

Globant SA (GLOB)

Jefferies analyst Surinder Thind maintained a Buy rating on Globant SA today and set a price target of $260.00. The company’s shares closed last Thursday at $200.61.

According to TipRanks.com, Thind is ranked #1048 out of 8790 analysts.

Currently, the analyst consensus on Globant SA is a Strong Buy with an average price target of $260.25, which is a 30.2% upside from current levels. In a report issued on April 2, HSBC also maintained a Buy rating on the stock with a $270.00 price target.

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DocuSign (DOCU)

Piper Sandler analyst Rob Owens maintained a Hold rating on DocuSign today and set a price target of $65.00. The company’s shares closed last Thursday at $59.48.

According to TipRanks.com, Owens is a top 100 analyst with an average return of 23.1% and a 64.7% success rate. Owens covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and Tenable Holdings.

The word on The Street in general, suggests a Hold analyst consensus rating for DocuSign with a $66.77 average price target, representing a 13.0% upside. In a report released today, UBS also upgraded the stock to Hold with a $62.00 price target.

Amplitude (AMPL)

In a report released today, Brent Bracelin from Piper Sandler maintained a Hold rating on Amplitude, with a price target of $11.00. The company’s shares closed last Thursday at $10.35.

According to TipRanks.com, Bracelin is a 3-star analyst with an average return of 0.9% and a 45.9% success rate. Bracelin covers the Technology sector, focusing on stocks such as Klaviyo, Inc. Class A, ZoomInfo Technologies, and Procore Technologies.

Currently, the analyst consensus on Amplitude is a Hold with an average price target of $12.29.

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Read More on GLOB:

• Globant to Hold its Annual General Meeting of Shareholders and an Extraordinary General Meeting of Shareholders on May 10, 2024
• Globant S.A. Sets Key Meetings for Shareholder Voting
• Globant price target lowered to $270 from $275 at HSBC
• Globant S.A. Welcomes New Board Member
• Globant price target lowered to $216 from $245 at BofA