Analysts Offer Insights on Technology Companies: Pure Storage (PSTG) and Accenture (ACN)
Confident Investing Starts Here:
Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Pure Storage (PSTG)
J.P. Morgan analyst Pinjalim Bora maintained a Buy rating on Pure Storage today. The company's shares closed last Friday at $51.58.
According to TipRanks.com, Bora is a 5-star analyst with an average return of 10.9% and a 58.3% success rate. Bora covers the Technology sector, focusing on stocks such as DigitalOcean Holdings, Pegasystems, and Informatica. ;'>
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Pure Storage with a $72.24 average price target, implying a 36.1% upside from current levels. In a report issued on June 20, Needham also maintained a Buy rating on the stock with a $75.00 price target.
Accenture (ACN)
In a report issued on June 20, Jonathan Lee CFA from Guggenheim maintained a Buy rating on Accenture, with a price target of $335.00. The company's shares closed last Friday at $285.37, close to its 52-week low of $278.69.
According to TipRanks.com, CFA is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -22.5% and a 15.8% success rate. CFA covers the Technology sector, focusing on stocks such as Epam Systems, Globant SA, and Endava. ;'>
Currently, the analyst consensus on Accenture is a Moderate Buy with an average price target of $346.80, which is a 23.2% upside from current levels. In a report issued on June 10, Bank of America Securities also maintained a Buy rating on the stock with a $373.00 price target.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
30 minutes ago
- Globe and Mail
Analysts Offer Insights on Technology Companies: Lyft (LYFT) and Palo Alto Networks (PANW)
There's a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Lyft (LYFT – Research Report) and Palo Alto Networks (PANW – Research Report) with bullish sentiments. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Lyft (LYFT) In a report released today, John Blackledge from TD Cowen reiterated a Buy rating on Lyft, with a price target of $22.00. The company's shares closed last Monday at $16.02. According to Blackledge is a 5-star analyst with an average return of 13.7% and a 61.5% success rate. Blackledge covers the NA sector, focusing on stocks such as IAC/InteractiveCorp., Alphabet Class C, and Alphabet Class A. ;'> Currently, the analyst consensus on Lyft is a Hold with an average price target of $16.93, implying a 6.9% upside from current levels. In a report issued on August 7, Roth MKM also upgraded the stock to Buy with a $19.00 price target. Palo Alto Networks (PANW) Jefferies analyst Joseph Gallo maintained a Buy rating on Palo Alto Networks today and set a price target of $235.00. The company's shares closed last Monday at $176.17. According to Gallo is a 5-star analyst with an average return of 14.7% and a 66.4% success rate. Gallo covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, CyberArk Software, and Tenable Holdings. ;'> Palo Alto Networks has an analyst consensus of Strong Buy, with a price target consensus of $216.03, representing a 21.3% upside. In a report issued on August 12, Piper Sandler also upgraded the stock to Buy with a $225.00 price target.
Globe and Mail
an hour ago
- Globe and Mail
Chronicles of Captain Number Cruncher Book 2 by Moe Tabesh is Out Now
Your Business Has No Worth offers candid lessons in financial literacy, growth, and resilience. Your Business Has No Worth (Chronicles of Captain Number Cruncher Book 2) by Moe Tabesh, CPA, CGA, better known as Captain Number Cruncher, is now available in Kindle Edition on Amazon. This latest installment in the Chronicles series takes readers on a compelling journey of financial transformation, blending storytelling, practical business advice, and the Captain's trademark wit. The story follows Grant Wellington, a talented but struggling marketing professional whose company, StrategicEdge Marketing Solutions, is on shaky ground. Hoping for answers, Grant turns to Captain Number Cruncher, a sharp-minded CPA with a knack for cutting through financial confusion, only to be confronted with a brutal truth: to investors, his business has no value. From this unflinching starting point, readers are taken through a series of insightful, often humorous interactions in which the Captain diagnoses the root causes of the company's troubles. He identifies critical flaws in pricing strategy, brand identity, and client relationships, laying bare how these weaknesses have undermined both profitability and long-term viability. But Your Business Has No Worth is more than a critique; it's a blueprint for renewal. Through real-world anecdotes, actionable strategies, and a no-nonsense approach, Captain Number Cruncher guides Grant in rebuilding his business from the ground up. Step by step, he demonstrates how rethinking value propositions, refining brand positioning, and cultivating stronger client connections can transform an enterprise from being investor-averse to investment-ready. The narrative emphasizes resilience, growth, and the power of financial literacy. It's not just a story about saving one business; it's a motivational roadmap for entrepreneurs at any stage. Whether readers are seasoned business owners looking to sharpen their competitive edge or first-time entrepreneurs navigating the early stages of growth, the lessons within apply across industries. Captain Number Cruncher's hallmark style: blending technical expertise with humor, makes complex financial concepts accessible and engaging. As with his previous work, F... Dividends!, Tabesh delivers more than just advice; he offers perspective, inspiration, and the confidence that even the most challenged businesses can be turned around with the right strategy and mindset. 'Many entrepreneurs are shocked when they discover their business isn't as valuable as they thought,' notes Tabesh. 'This book is about facing that reality, taking decisive action, and building something truly worth investing in, both financially and personally.' Get a copy of Your Business Has No Worth (Chronicles of Captain Number Cruncher Book 2) at Amazon (Kindle Edition): About the Author Moe Tabesh, CPA, CGA is a seasoned chartered professional accountant with more than 27 years of experience in Canadian and American accounting, taxation, auditing, and business consulting. He is the founder of Numetrica, an Ottawa-based CPA firm providing full-spectrum accounting services tailored to small businesses and entrepreneurs. Tabesh is widely respected for simplifying complex financial matters, and his client-first approach has earned high praise from business leaders and CEOs across industries. Known as 'Captain Number Cruncher,' he blends financial expertise with humor and storytelling to educate and empower business owners through his writing and consulting work. He is an active member of the Canadian Institute of Chartered Accountants and has dedicated part of his career to community service and pro bono financial guidance for charitable organizations. About Numetrica Headquartered in Ottawa, Numetrica specializes in small business accounting, cloud bookkeeping, payroll, corporate and personal tax preparation, GST/HST services, CRA audit support, and Virtual CFO solutions. The firm is a trusted partner for small businesses across Canada and the U.S., offering cloud-based solutions using QuickBooks Online and other modern tools to simplify financial operations. Numetrica's core philosophy is built on precision, transparency, and personal connection.
Globe and Mail
3 hours ago
- Globe and Mail
Faraday Future's Q2 2025: Strategic Growth and Market Expansion
Faraday Future Intelligent Electric Inc. ( (FFAI)) has released its Q2 earnings. Here is a breakdown of the information Faraday Future Intelligent Electric Inc. presented to its investors. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Faraday Future Intelligent Electric Inc., a California-based company, is a global leader in the intelligent electric mobility ecosystem, focusing on luxury and innovative electric vehicles. In its second quarter of 2025, Faraday Future reported an adjusted operating loss of $27.4 million, with a significant cash position increase and strengthened operational efficiency. The company achieved a milestone by being added to the Russell 3000 Index, enhancing its market visibility, and saw substantial investment increases from major fund managers like Vanguard and BlackRock. Key financial highlights include a net loss from operations of $48.1 million, an improvement from the previous year, and a substantial increase in financing cash inflow, marking the fifth consecutive quarter where inflows exceeded outflows. Faraday Future also announced strategic developments, including the launch of the FX Super One vehicle and the introduction of the 'EAI + Crypto' ecosystem strategy, aimed at integrating traditional operations with digital platforms. The company received over 10,000 non-binding pre-orders for its FX Super One vehicle, indicating strong market demand. Production preparations for this model are underway at the Hanford, CA factory. Additionally, Faraday Future plans to invest $100 million into its U.S. operations, focusing on research, development, and infrastructure. Looking forward, Faraday Future aims to continue driving technological innovation and maintaining financial discipline. The company expects to meet its production targets for the FX Super One by the end of the year, both in the U.S. and the Middle East, while executing its strategic goals to regain investor confidence and ensure long-term growth in the electric vehicle market.
