Tech Stocks on the Rise: What Analysts Say About Wisetech and Nextdc

Wisetech Global is getting a thumbs‑up from a Bell Potter analyst who believes the shares can reach A$78. 75, even though they closed at just over $27 last week. The analyst’s track record shows a modest success rate, but the company is still on many investors’ radar. Other experts have joined in, giving a “Strong Buy” rating and targeting prices around $55 to $60. This suggests the market sees potential for a significant jump from today’s level.Nextdc Limited is also drawing attention. A UBS analyst has kept a “Buy” call and set a target of A$22. 55, compared with the last close of about $9. 75. Although his personal performance is average, the overall consensus among analysts rates Nextdc as a “Strong Buy” with expectations of an upside close to 46 percent. Another major bank, RBC Capital, agrees and offers a similar price goal. Both companies belong to the technology sector, which many investors are watching closely for growth opportunities. The analysts highlight that even though their own success rates aren’t stellar, the collective outlook points to promising gains for these stocks.