06-05-2025
Analysts Are Bullish on These Technology Stocks: Nextdc Limited (NXDCF), Xero Limited (XROLF)
There's a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Nextdc Limited (NXDCF – Research Report), Xero Limited (XROLF – Research Report) and Life360 Shs Chess Depository Interests Repr 3 Sh (LIFX – Research Report) with bullish sentiments.
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Nextdc Limited (NXDCF)
Morgans analyst Nick Harris maintained a Buy rating on Nextdc Limited today and set a price target of A$18.80. The company's shares closed last Friday at $10.06.
Harris has an average return of 7.5% when recommending Nextdc Limited.
According to Harris is ranked #6518 out of 9504 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nextdc Limited with a $12.09 average price target.
Xero Limited (XROLF)
Goldman Sachs analyst Kane Hannan maintained a Buy rating on Xero Limited on May 1 and set a price target of A$201.00. The company's shares closed last Monday at $103.96.
According to Hannan is a 4-star analyst with an average return of 9.2% and a 60.9% success rate. Hannan covers the Technology sector, focusing on stocks such as Wisetech Global, Nextdc Limited, and Megaport.
Xero Limited has an analyst consensus of Strong Buy, with a price target consensus of $122.10, implying a 17.4% upside from current levels. In a report issued on May 1, Citi also maintained a Buy rating on the stock with a A$198.00 price target.
Life360 Shs Chess Depository Interests Repr 3 Sh (LIFX)
Bell Potter analyst Chris Savage maintained a Buy rating on Life360 Shs Chess Depository Interests Repr 3 Sh today and set a price target of A$28.15. The company's shares closed last Friday at $13.16.
According to Savage is a 3-star analyst with an average return of 1.8% and a 43.8% success rate. Savage covers the Technology sector, focusing on stocks such as Catapult Group International, Integrated Research Limited, and Wisetech Global.
Currently, the analyst consensus on Life360 Shs Chess Depository Interests Repr 3 Sh is a Strong Buy with an average price target of $17.91.
