Analysts’ Opinions Are Mixed on These Technology Stocks: Lam Research (LRCX), Fortinet (FTNT) and A10 Networks (ATEN)
Analysts have been eager to weigh in on the Technology sector with new ratings on Lam Research (LRCX – Research Report), Fortinet (FTNT – Research Report) and A10 Networks (ATEN – Research Report).
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Lam Research (LRCX)
J.P. Morgan analyst Harlan Sur maintained a Buy rating on Lam Research today. The company’s shares closed last Wednesday at $228.00.
According to TipRanks.com, Sur is a top 100 analyst with an average return of
Currently, the analyst consensus on Lam Research is a Strong Buy with an average price target of $226.71, representing a 1.6% upside. In a report issued on January 12, Susquehanna also maintained a Buy rating on the stock with a $250.00 price target.
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Fortinet (FTNT)
In a report released today, Gregg Moskowitz from Mizuho Securities maintained a Sell rating on Fortinet, with a price target of $72.00. The company’s shares closed last Wednesday at $75.31.
According to TipRanks.com, Moskowitz is a 4-star analyst with an average return of
Fortinet has an analyst consensus of Hold, with a price target consensus of $83.42, which is a 10.0% upside from current levels. In a report issued on January 15, J.P. Morgan also maintained a Sell rating on the stock with a $75.00 price target.
A10 Networks (ATEN)
In a report released today, Michael Romanelli from Mizuho Securities maintained a Hold rating on A10 Networks, with a price target of $22.00. The company’s shares closed last Wednesday at $17.08.
According to TipRanks.com, Romanelli is ranked #8175 out of 12040 analysts.
A10 Networks has an analyst consensus of Strong Buy, with a price target consensus of $23.25, which is a 36.5% upside from current levels. In a report issued on January 15, TipRanks – Google also downgraded the stock to Hold with a $18.50 price target.
