Wall Street Analysts Are Bullish on Top Technology Picks

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on AST SpaceMobile (ASTS), Advanced Micro Devices (AMD) and Lam Research (LRCX) with bullish sentiments.

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AST SpaceMobile (ASTS)

In a report released today, Bryan Kraft from Deutsche Bank maintained a Buy rating on AST SpaceMobile, with a price target of $117.00. The company’s shares closed last Tuesday at $88.57.

According to TipRanks.com, Kraft is a 5-star analyst with an average return of 15.3% and a 58.8% success rate. Kraft covers the NA sector, focusing on stocks such as Paramount Skydance, Warner Bros, and Walt Disney. ;'>

Currently, the analyst consensus on AST SpaceMobile is a Hold with an average price target of $91.03.

See the top stocks recommended by analysts >>

Advanced Micro Devices (AMD)

Rosenblatt Securities analyst Kevin Cassidy maintained a Buy rating on Advanced Micro Devices today and set a price target of $300.00. The company’s shares closed last Tuesday at $255.07.

According to TipRanks.com, Cassidy is a 5-star analyst with an average return of 27.3% and a 60.2% success rate. Cassidy covers the Technology sector, focusing on stocks such as Lattice Semiconductor, Navitas Semiconductor, and ARM Holdings PLC ADR. ;'>

Advanced Micro Devices has an analyst consensus of Moderate Buy, with a price target consensus of $284.42, representing a 13.9% upside. In a report issued on April 12, TipRanks – PerPlexity also upgraded the stock to Buy with a $278.00 price target.

Lam Research (LRCX)

In a report released today, Melissa Weathers from Deutsche Bank maintained a Buy rating on Lam Research, with a price target of $300.00. The company’s shares closed last Tuesday at $272.41.

According to TipRanks.com, Weathers is a 5-star analyst with an average return of 45.8% and a 75.7% success rate. Weathers covers the Technology sector, focusing on stocks such as Qnity Electronics, Inc., Lattice Semiconductor, and Applied Materials. ;'>

Currently, the analyst consensus on Lam Research is a Strong Buy with an average price target of $288.80, representing a 6.2% upside. In a report issued on April 9, Susquehanna also maintained a Buy rating on the stock with a $350.00 price target.

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