Analysts Are Bullish on Top Technology Stocks: Analog Devices (ADI), TSS (TSSI)
There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Analog Devices (ADI), TSS (TSSI) and Pegasystems (PEGA) with bullish sentiments.
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Analog Devices (ADI)
Arete Research analyst Alexi de Unger upgraded Analog Devices to Buy today and set a price target of $389.00. The company’s shares closed last Friday at $307.44.
Currently, the analyst consensus on Analog Devices is a Strong Buy with an average price target of $394.43, which is a 26.9% upside from current levels. In a report issued on March 20, Wells Fargo also maintained a Buy rating on the stock with a $400.00 price target.
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TSS (TSSI)
In a report released today, Matthew Calitri from Needham initiated coverage with a Buy rating on TSS and a price target of $16.00. The company’s shares closed last Friday at $11.70.
According to TipRanks.com, Calitri is a 1-star analyst with an average return of
TSS has an analyst consensus of Moderate Buy, with a price target consensus of $16.00, which is a 28.3% upside from current levels. In a report issued on March 18, TipRanks – PerPlexity also upgraded the stock to Buy with a $13.50 price target.
Pegasystems (PEGA)
In a report released yesterday, Steve Enders from Citi maintained a Buy rating on Pegasystems, with a price target of $75.00. The company’s shares closed last Friday at $40.31.
According to TipRanks.com, Enders has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
Currently, the analyst consensus on Pegasystems is a Strong Buy with an average price target of $61.50.
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