Analysts Offer Insights on Technology Companies: Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC), Remark Holdings (NASDAQ: MARK) and Salesforce (NYSE: CRM)

By Austin Angelo

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Telefonaktiebolaget LM Ericsson (ERICResearch Report), Remark Holdings (MARKResearch Report) and Salesforce (CRMResearch Report) with bullish sentiments.

Telefonaktiebolaget LM Ericsson (ERIC)

In a report released yesterday, Edward F. Snyder from Charter Equity maintained a Buy rating on Telefonaktiebolaget LM Ericsson. The company’s shares closed last Monday at $12.05, close to its 52-week high of $12.61.

According to TipRanks.com, Snyder is a 5-star analyst with an average return of 23.0% and a 69.5% success rate. Snyder covers the Technology sector, focusing on stocks such as Skyworks Solutions, Texas Instruments, and Broadcom.

Telefonaktiebolaget LM Ericsson has an analyst consensus of Strong Buy.

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Remark Holdings (MARK)

In a report released yesterday, Darren Aftahi from Roth Capital maintained a Buy rating on Remark Holdings, with a price target of $4.25. The company’s shares closed last Monday at $1.30.

According to TipRanks.com, Aftahi is a top 100 analyst with an average return of 37.2% and a 58.8% success rate. Aftahi covers the Technology sector, focusing on stocks such as Fathom Holdings, Digital Turbine, and SharpSpring.

Currently, the analyst consensus on Remark Holdings is a Moderate Buy with an average price target of $4.25.

Salesforce (CRM)

Wedbush analyst Daniel Ives maintained a Buy rating on Salesforce yesterday and set a price target of $300.00. The company’s shares closed last Monday at $257.64, close to its 52-week high of $284.50.

According to TipRanks.com, Ives is a 5-star analyst with an average return of 23.2% and a 65.3% success rate. Ives covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, Nuance Communications, and Palo Alto Networks.

Currently, the analyst consensus on Salesforce is a Strong Buy with an average price target of $278.89, representing a 6.8% upside. In a report issued on November 13, RBC Capital also maintained a Buy rating on the stock with a $285.00 price target.

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