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Analysts’ Top Technology Picks: TE Connectivity (TEL), Caci International (CACI)

Tipranks - Tipranks - Fri Apr 24, 4:58AM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on TE Connectivity (TEL) and Caci International (CACI) with bullish sentiments.

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TE Connectivity (TEL)

In a report released yesterday, Wamsi Mohan from Bank of America Securities reiterated a Buy rating on TE Connectivity, with a price target of $290.00. The company’s shares closed last Wednesday at $221.04.

According to TipRanks.com, Mohan is a top 100 analyst with an average return of 37.6% and a 65.0% success rate. Mohan covers the Technology sector, focusing on stocks such as International Business Machines, Hewlett Packard Enterprise, and DigitalOcean Holdings. ;'>

Currently, the analyst consensus on TE Connectivity is a Strong Buy with an average price target of $265.80, which is a 22.6% upside from current levels. In a report released yesterday, TipRanks – xAI also upgraded the stock to Buy with a $280.00 price target.

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Caci International (CACI)

In a report released yesterday, Mariana Perez Mora from Bank of America Securities maintained a Buy rating on Caci International, with a price target of $750.00. The company’s shares closed last Wednesday at $512.25.

According to TipRanks.com, Mora is a 5-star analyst with an average return of 37.6% and a 61.1% success rate. Mora covers the Technology sector, focusing on stocks such as Palantir Technologies, Leidos Holdings, and OSI Systems. ;'>

Currently, the analyst consensus on Caci International is a Strong Buy with an average price target of $685.50, which is a 31.2% upside from current levels. In a report issued on April 13, J.P. Morgan also maintained a Buy rating on the stock with a $700.00 price target.

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