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Analysts Offer Insights on Technology Companies: nLIGHT (LASR), Dell Technologies (DELL) and NetApp (NTAP)

Tipranks - Wed Mar 4, 7:34AM CST

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on nLIGHT (LASRResearch Report), Dell Technologies (DELLResearch Report) and NetApp (NTAPResearch Report).

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nLIGHT (LASR)

Roth MKM analyst Tom Hayes reiterated a Buy rating on nLIGHT today and set a price target of $74.00. The company’s shares closed last Monday at $67.69.

According to TipRanks.com, Hayes is a 3-star analyst with an average return of 2.6% and a 47.8% success rate. Hayes covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Enerpac Tool Group, and ESAB Corporation. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for nLIGHT with a $69.92 average price target, implying a 3.6% upside from current levels. In a report issued on February 27, Needham also maintained a Buy rating on the stock with a $70.00 price target.

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Dell Technologies (DELL)

Bernstein analyst Mark Newman reiterated a Buy rating on Dell Technologies yesterday. The company’s shares closed last Monday at $153.55.

According to TipRanks.com, Newman is a 5-star analyst with an average return of 39.0% and a 68.4% success rate. Newman covers the Technology sector, focusing on stocks such as International Business Machines, Hewlett Packard Enterprise, and Super Micro Computer. ;'>

Currently, the analyst consensus on Dell Technologies is a Strong Buy with an average price target of $164.58, representing a 12.1% upside. In a report issued on February 15, TipRanks – Google also upgraded the stock to Buy with a $129.00 price target.

NetApp (NTAP)

Susquehanna analyst Mehdi Hosseini maintained a Hold rating on NetApp yesterday and set a price target of $110.00. The company’s shares closed last Monday at $100.15.

According to TipRanks.com, Hosseini is a 5-star analyst with an average return of 20.5% and a 61.5% success rate. Hosseini covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Keysight Technologies, and GlobalFoundries Inc. ;'>

NetApp has an analyst consensus of Moderate Buy, with a price target consensus of $115.14, implying a 18.7% upside from current levels. In a report issued on February 27, TipRanks – Google also downgraded the stock to Hold with a $109.00 price target.

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