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Analysts Are Bullish on Top Technology Stocks: Advanced Micro Devices (AMD), Donnelley Financial Solutions (DFIN)

Tipranks - Tipranks - Thu May 7, 4:12AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Advanced Micro Devices (AMD), Donnelley Financial Solutions (DFIN) and Procore Technologies (PCOR) with bullish sentiments.

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Advanced Micro Devices (AMD)

Bernstein analyst Stacy Rasgon upgraded Advanced Micro Devices to Buy today and set a price target of $525.00. The company’s shares closed last Tuesday at $355.26.

According to TipRanks.com, Rasgon is a top 100 analyst with an average return of 35.6% and a 69.9% success rate. Rasgon covers the Technology sector, focusing on stocks such as Renesas Electronics, NXP Semiconductors, and Applied Materials. ;'>

Currently, the analyst consensus on Advanced Micro Devices is a Strong Buy with an average price target of $369.44, representing a 5.1% upside. In a report issued on April 24, D.A. Davidson also upgraded the stock to Buy with a $375.00 price target.

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Donnelley Financial Solutions (DFIN)

In a report released today, Kyle Peterson from Needham maintained a Buy rating on Donnelley Financial Solutions, with a price target of $57.00. The company’s shares closed last Tuesday at $42.73, close to its 52-week low of $41.76.

According to TipRanks.com, Peterson is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -3.4% and a 38.3% success rate. Peterson covers the Financial sector, focusing on stocks such as Figure Technology Solutions, Inc. Class A, Aurora Acquisition, and Upstart Holdings. ;'>

Currently, the analyst consensus on Donnelley Financial Solutions is a Moderate Buy with an average price target of $61.50, which is a 22.0% upside from current levels. In a report issued on April 21, TipRanks – PerPlexity also upgraded the stock to Buy with a $60.00 price target.

Procore Technologies (PCOR)

Jefferies analyst Brent Thill maintained a Buy rating on Procore Technologies today and set a price target of $95.00. The company’s shares closed last Tuesday at $54.69, close to its 52-week low of $49.46.

According to TipRanks.com, Thill is a 4-star analyst with an average return of 2.8% and a 50.4% success rate. Thill covers the Technology sector, focusing on stocks such as International Business Machines, Palantir Technologies, and Progress Software. ;'>

Procore Technologies has an analyst consensus of Strong Buy, with a price target consensus of $72.00, representing a 34.9% upside. In a report issued on April 23, TipRanks – Google also upgraded the stock to Buy with a $63.00 price target.

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