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Analysts Offer Insights on Technology Companies: WhiteFiber, Inc. (WYFI), Coherent Corp (COHR) and Salesforce (CRM)

Tipranks - Tipranks - Fri Aug 14, 6:16AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on WhiteFiber, Inc. (WYFI), Coherent Corp (COHR) and Salesforce (CRM) with bullish sentiments.

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WhiteFiber, Inc. (WYFI)

In a report released today, Brian Dobson from Clear Street maintained a Buy rating on WhiteFiber, Inc., with a price target of $44.00. The company’s shares closed last Wednesday at $28.58.

According to TipRanks.com, Dobson is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -6.0% and a 38.8% success rate. Dobson covers the Technology sector, focusing on stocks such as Core Scientific Inc, Keel Infrastructure, and One Stop Systems. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for WhiteFiber, Inc. with a $37.67 average price target, representing a 37.3% upside. In a report released today, Needham also maintained a Buy rating on the stock with a $38.00 price target.

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Coherent Corp (COHR)

In a report released today, Christopher Rolland from Susquehanna reiterated a Buy rating on Coherent Corp, with a price target of $425.00. The company’s shares closed last Wednesday at $355.64.

According to TipRanks.com, Rolland is a top 100 analyst with an average return of 43.0% and a 65.4% success rate. Rolland covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Infineon Technologies AG. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Coherent Corp with a $415.91 average price target, which is a 16.1% upside from current levels. In a report issued on July 29, TipRanks – PerPlexity also upgraded the stock to Buy with a $320.00 price target.

Salesforce (CRM)

In a report released today, Samik Chatterjee from J.P. Morgan maintained a Buy rating on Salesforce, with a price target of $250.00. The company’s shares closed last Wednesday at $193.32.

According to TipRanks.com, Chatterjee is a top 25 analyst with an average return of 56.2% and a 76.5% success rate. Chatterjee covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Dell Technologies, and Lumentum Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Salesforce with a $240.46 average price target, a 25.2% upside from current levels. In a report issued on August 5, Erste Group also upgraded the stock to Buy.

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