Analysts Are Bullish on Top Technology Stocks: D-Wave Quantum (QBTS), Lam Research (LRCX)
There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on D-Wave Quantum (QBTS – Research Report), Lam Research (LRCX – Research Report) and Extreme Networks (EXTR – Research Report) with bullish sentiments.
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D-Wave Quantum (QBTS)
Craig-Hallum analyst Richard Shannon maintained a Buy rating on D-Wave Quantum today. The company’s shares closed last Tuesday at $24.27.
According to TipRanks.com, Shannon is a top 100 analyst with an average return of
D-Wave Quantum has an analyst consensus of Strong Buy, with a price target consensus of $40.18, implying a 62.4% upside from current levels. In a report issued on January 21, Evercore ISI also maintained a Buy rating on the stock with a $44.00 price target.
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Lam Research (LRCX)
In a report released today, Vivek Arya from Bank of America Securities maintained a Buy rating on Lam Research. The company’s shares closed last Tuesday at $235.31.
According to TipRanks.com, Arya is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Lam Research with a $238.94 average price target, implying a 3.6% upside from current levels. In a report issued on January 12, Susquehanna also maintained a Buy rating on the stock with a $250.00 price target.
Extreme Networks (EXTR)
In a report released today, Christian Schwab from Craig-Hallum maintained a Buy rating on Extreme Networks. The company’s shares closed last Tuesday at $15.01.
According to TipRanks.com, Schwab is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Extreme Networks with a $24.71 average price target.
