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Analysts Are Bullish on These Technology Stocks: Advanced Micro Devices (AMD), Automatic Data Processing (ADP)

Tipranks - Tue Apr 21, 6:34AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Advanced Micro Devices (AMD), Automatic Data Processing (ADP) and Badger Meter (BMI) with bullish sentiments.

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Advanced Micro Devices (AMD)

Stifel Nicolaus analyst Ruben Roy maintained a Buy rating on Advanced Micro Devices today and set a price target of $320.00. The company’s shares closed last Friday at $278.39.

According to TipRanks.com, Roy is a top 25 analyst with an average return of 58.0% and a 73.8% success rate. Roy covers the Technology sector, focusing on stocks such as Lattice Semiconductor, Skyworks Solutions, and Lumentum Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Advanced Micro Devices with a $287.33 average price target, representing a 2.3% upside. In a report issued on April 12, TipRanks – PerPlexity also upgraded the stock to Buy with a $278.00 price target.

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Automatic Data Processing (ADP)

Guggenheim analyst Jacob Smith CFA maintained a Buy rating on Automatic Data Processing today and set a price target of $270.00. The company’s shares closed last Friday at $200.47.

According to TipRanks.com, CFA is a 1-star analyst with an average return of -15.6% and a 12.5% success rate. CFA covers the Technology sector, focusing on stocks such as Paylocity, Paychex, and Paycom. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Automatic Data Processing with a $259.85 average price target, a 28.9% upside from current levels. In a report issued on April 5, TipRanks – Google also upgraded the stock to Buy with a $231.00 price target.

Badger Meter (BMI)

Stifel Nicolaus analyst Nathan Jones maintained a Buy rating on Badger Meter today and set a price target of $140.00. The company’s shares closed last Friday at $115.54.

According to TipRanks.com, Jones is a top 100 analyst with an average return of 20.7% and a 71.2% success rate. Jones covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Watts Water Technologies, and A. O. Smith Corporation. ;'>

Currently, the analyst consensus on Badger Meter is a Moderate Buy with an average price target of $164.88, which is a 35.8% upside from current levels. In a report issued on April 17, TipRanks – xAI also upgraded the stock to Buy with a $169.00 price target.

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