Analysts Offer Insights on Technology Companies: Imperva (NYSE: IMPV) and Microsoft Corp (NASDAQ: MSFT)

By Ryan Adsit

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Imperva (NYSE: IMPV) and Microsoft Corp (NASDAQ: MSFT) with bullish sentiments.

Imperva (NYSE: IMPV)

Piper Jaffray analyst Andrew Nowinski reiterated a Buy rating on Imperva (NYSE: IMPV) today and set a price target of $58. The company’s shares closed on Friday at $43.25.

According to TipRanks.com, Nowinski is a 1-star analyst with an average return of -0.3% and a 42.0% success rate. Nowinski covers the Technology sector, focusing on stocks such as Dot Hill Systems Corp, Interxion Holding NV, and Barracuda Networks.

Currently, the analyst consensus on Imperva is Moderate Buy and the average price target is $54, representing a 24.9% upside.

In a report issued on August 20, RBC Capital also reiterated a Buy rating on the stock with a $55 price target.
Microsoft Corp (NASDAQ: MSFT)

Piper Jaffray analyst Alex Zukin reiterated a Buy rating on Microsoft Corp (NASDAQ: MSFT) yesterday and set a price target of $90. The company’s shares closed on Friday at $72.82, close to its 52-week high of $74.42.

According to TipRanks.com, Zukin is a 4-star analyst with an average return of 8.6% and a 63.2% success rate. Zukin covers the Technology sector, focusing on stocks such as Cornerstone Ondemand, Tyler Technologies, and Callidus Software.

Currently, the analyst consensus on Microsoft Corp is Moderate Buy and the average price target is $79.75, representing a 9.5% upside.

In a report issued on August 15, Evercore ISI also reiterated a Buy rating on the stock with a $80 price target.

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