Wall Street Analysts Are Bullish on Top Technology Picks

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There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on TaskUs (TASK – Research Report) and Autodesk (ADSK – Research Report) with bullish sentiments.

TaskUs (TASK)

In a report issued on April 18, David Koning from Robert W. Baird maintained a Buy rating on TaskUs, with a price target of $14.00. The company’s shares closed last Friday at $11.44.

According to TipRanks.com, Koning is a 4-star analyst with an average return of 3.3% and a 55.7% success rate. Koning covers the Technology sector, focusing on stocks such as TELUS International (CDA), Jack Henry & Associates, and Fidelity National Info.

Currently, the analyst consensus on TaskUs is a Moderate Buy with an average price target of $14.71.

See Insiders’ Hot Stocks on TipRanks >>

Autodesk (ADSK)

Robert W. Baird analyst Joseph Vruwink maintained a Buy rating on Autodesk on April 18 and set a price target of $296.00. The company’s shares closed last Friday at $216.50.

According to TipRanks.com, Vruwink is a 5-star analyst with an average return of 7.8% and a 59.8% success rate. Vruwink covers the Technology sector, focusing on stocks such as Manhattan Associates, Instructure Holdings, and Roper Technologies.

Currently, the analyst consensus on Autodesk is a Moderate Buy with an average price target of $290.71, representing a 37.4% upside. In a report issued on April 12, Stifel Nicolaus also maintained a Buy rating on the stock with a $316.00 price target.

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