Barclays Analysts Offer Bullish Sentiments on nCino, Salesforce, Hon Hai Precision Industry
Analysts at Barclays have offered bullish sentiments on three technology companies: nCino (NCNO), Salesforce (CRM), and Hon Hai Precision Industry (HNHPF).
nCino, a cloud-based banking platform, has been upgraded to Buy with a price target of $22.00 by Saket Kalia from Barclays, who maintains an average return of 12.7% and a 60.0% success rate.
The analyst consensus on nCino is Moderate Buy with an average price target of $21.63, representing a 6.1% upside.
On Salesforce, Raimo Lenschow from Barclays has maintained a Buy rating with a price target of $236.00, citing the company's shares closed last Wednesday at $206.09.
The word on The Street in general suggests a Moderate Buy analyst consensus rating for Salesforce with a $240.94 average price target, a 24.1% upside from current levels.