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Analysts Have Conflicting Sentiments on These Technology Companies: Cirrus Logic (CRUS), Advanced Micro Devices (AMD) and Teradyne (TER)

Tipranks - Thu Feb 5, 3:30AM CST

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Cirrus Logic (CRUSResearch Report), Advanced Micro Devices (AMDResearch Report) and Teradyne (TERResearch Report).

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Cirrus Logic (CRUS)

In a report released today, John Vinh from KeyBanc maintained a Buy rating on Cirrus Logic. The company’s shares closed last Tuesday at $124.58.

According to TipRanks.com, Vinh is a 5-star analyst with an average return of 22.2% and a 62.0% success rate. Vinh covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Lattice Semiconductor, and ARM Holdings PLC ADR. ;'>

Currently, the analyst consensus on Cirrus Logic is a Moderate Buy with an average price target of $139.00, representing a 6.5% upside. In a report issued on January 30, Stifel Nicolaus also reiterated a Buy rating on the stock with a $150.00 price target.

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Advanced Micro Devices (AMD)

Barclays analyst Thomas O’Malley 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 $242.11.

According to TipRanks.com, O’Malley is a 5-star analyst with an average return of 29.2% and a 61.5% success rate. O’Malley covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Silicon Laboratories. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Advanced Micro Devices with a $287.27 average price target, which is a 14.2% upside from current levels. In a report issued on January 26, UBS also maintained a Buy rating on the stock with a $330.00 price target.

Teradyne (TER)

KeyBanc analyst Steve Barger maintained a Hold rating on Teradyne today. The company’s shares closed last Tuesday at $282.98.

According to TipRanks.com, Barger is a 5-star analyst with an average return of 18.0% and a 68.2% success rate. Barger covers the Industrial Goods sector, focusing on stocks such as Park-Ohio Holdings, Advanced Energy, and RBC Bearings. ;'>

Teradyne has an analyst consensus of Moderate Buy, with a price target consensus of $268.50, which is a 4.0% upside from current levels. In a report issued on January 28, Morgan Stanley also maintained a Hold rating on the stock with a $229.00 price target.

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