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Analysts Offer Insights on Technology Companies: Salesforce (CRM), Microsoft (MSFT) and WEX (WEX)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Salesforce (CRMResearch Report), Microsoft (MSFTResearch Report) and WEX (WEXResearch Report) with bullish sentiments.

Salesforce (CRM)

Mizuho Securities analyst Gregg Moskowitz reiterated a Buy rating on Salesforce on April 25 and set a price target of $345.00. The company’s shares closed last Monday at $275.74.

According to TipRanks.com, Moskowitz is a 5-star analyst with an average return of 14.7% and a 59.0% success rate. Moskowitz covers the Technology sector, focusing on stocks such as Palantir Technologies, CrowdStrike Holdings, and Palo Alto Networks.

Salesforce has an analyst consensus of Moderate Buy, with a price target consensus of $339.32, which is a 23.4% upside from current levels. In a report issued on April 16, BMO Capital also assigned a Buy rating to the stock with a $335.00 price target.

See today’s best-performing stocks on TipRanks >>

Microsoft (MSFT)

Phillip Securities analyst Paul Chew maintained a Buy rating on Microsoft today and set a price target of $465.00. The company’s shares closed last Monday at $402.25.

Chew has an average return of 22.2% when recommending Microsoft.

According to TipRanks.com, Chew is ranked #2584 out of 8800 analysts.

Microsoft has an analyst consensus of Strong Buy, with a price target consensus of $487.93, a 20.4% upside from current levels. In a report issued on April 26, BMO Capital also maintained a Buy rating on the stock with a $465.00 price target.

WEX (WEX)

In a report issued on April 25, Dan Dolev from Mizuho Securities maintained a Buy rating on WEX, with a price target of $235.00. The company’s shares closed last Monday at $218.70.

According to TipRanks.com, Dolev is a 1-star analyst with an average return of -2.4% and a 51.8% success rate. Dolev covers the Technology sector, focusing on stocks such as Fidelity National Info, Robinhood Markets, and Affirm Holdings.

WEX has an analyst consensus of Moderate Buy, with a price target consensus of $253.15, a 17.5% upside from current levels. In a report issued on April 15, Robert W. Baird also maintained a Buy rating on the stock with a $285.00 price target.

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