Analysts have been closely examining three major technology companies: GlobalFoundries Inc (GFS), Cisco Systems (CSCO), and Workday (WDAY). Joseph Moore from Morgan Stanley maintained a Hold rating on GlobalFoundries Inc, setting a price target of $60.00. The stock closed at $48.94 last Wednesday. Moore, a 5-star analyst with a 24.2% average return, covers semiconductor and technology stocks. The consensus among analysts is a Moderate Buy for GlobalFoundries, with an average price target of $72.82, suggesting a 52.1% upside from current levels.
Meta Marshall of Morgan Stanley kept a Buy rating on Cisco Systems, with a price target of $135.00. Cisco's shares closed at $113.64 last Wednesday. Marshall, another 5-star analyst, has an 8.9% average return. The consensus for Cisco is also a Moderate Buy, with an average price target of $138.44, indicating a 20.2% potential upside.
Rishi Jaluria from RBC Capital maintained a Buy rating on Workday, with a price target of $240.00. Workday's stock closed at $188.77 last Wednesday. Jaluria, who has a 50.0% success rate, covers various technology stocks. The consensus for Workday is a Moderate Buy, with an average price target of $208.87, implying a 12.2% upside from current levels.