Analysts Offer Insights on Technology Companies: Enphase Energy (ENPH), ASE Technology Holding Co (ASX) and Autodesk (ADSK)
There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Enphase Energy (ENPH), ASE Technology Holding Co (ASX) and Autodesk (ADSK) with bullish sentiments.
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Enphase Energy (ENPH)
In a report released today, Philip Shen from Roth MKM reiterated a Buy rating on Enphase Energy, with a price target of $85.00. The company’s shares closed last Friday at $64.03, close to its 52-week low of $51.63.
According to TipRanks.com, Shen is a 5-star analyst with an average return of
Enphase Energy has an analyst consensus of Moderate Buy, with a price target consensus of $44.22, representing a -29.1% downside. In a report issued on May 16, TipRanks – PerPlexity also upgraded the stock to Buy with a $54.00 price target.
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ASE Technology Holding Co (ASX)
Bank of America Securities analyst Haas Liu maintained a Buy rating on ASE Technology Holding Co on May 21 and set a price target of $36.00. The company’s shares closed last Friday at $34.81.
According to TipRanks.com, Liu is ranked #4628 out of 12270 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ASE Technology Holding Co with a $39.50 average price target, a 12.5% upside from current levels. In a report issued on May 13, TipRanks – DeepSeek also upgraded the stock to Buy with a $40.00 price target.
Autodesk (ADSK)
Jefferies analyst Brent Thill reiterated a Buy rating on Autodesk today and set a price target of $300.00. The company’s shares closed last Friday at $240.99.
According to TipRanks.com, Thill is a 4-star analyst with an average return of
Autodesk has an analyst consensus of Strong Buy, with a price target consensus of $322.17, implying a 34.0% upside from current levels. In a report issued on May 12, Bank of America Securities also upgraded the stock to Buy with a $300.00 price target.
Read More on ENPH:
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- ARM, Pinterest, Enphase, Virgin Galactic, Goldman Sachs Shake-Up
- Citi sees ‘stretched’ valuations for both Enphase, SolarEdge
- Enphase Energy price target raised to $85 from $55 at Roth Capital
- Enphase Energy price target raised to $57 from $51 at Goldman Sachs
- Enphase Energy participates in a webinar with Roth Capital
