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Analysts Offer Insights on Technology Companies: Intel (INTC) and Ambarella (AMBA)

Tipranks - Tipranks - Wed Feb 25, 6:44AM CST

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Intel (INTC – Research Report) and Ambarella (AMBA – Research Report).

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Intel (INTC)

Bank of America Securities analyst Vivek Arya maintained a Sell rating on Intel yesterday and set a price target of $40.00. The company’s shares closed last Monday at $43.63, close to its 52-week high of $45.41.

According to TipRanks.com, Arya is a 5-star analyst with an average return of 22.0% and a 61.3% success rate. Arya covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Advanced Micro Devices. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Intel with a $48.21 average price target.

See today’s best-performing stocks on TipRanks >>

Ambarella (AMBA)

Stifel Nicolaus analyst Tore Svanberg reiterated a Buy rating on Ambarella today and set a price target of $100.00. The company’s shares closed last Monday at $67.13.

According to TipRanks.com, Svanberg is a 5-star analyst with an average return of 24.3% and a 62.8% success rate. Svanberg covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Silicon Laboratories. ;'>

Currently, the analyst consensus on Ambarella is a Moderate Buy with an average price target of $96.70.

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