Analysts’ Opinions Are Mixed on These Technology Stocks: Qualcomm (QCOM), Adobe (ADBE) and Fair Isaac (FICO)
Analysts have been eager to weigh in on the Technology sector with new ratings on Qualcomm (QCOM), Adobe (ADBE) and Fair Isaac (FICO).
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Qualcomm (QCOM)
Wells Fargo analyst Aaron Rakers maintained a Hold rating on Qualcomm today and set a price target of $230.00. The company’s shares closed last Thursday at $202.96.
According to TipRanks.com, Rakers is a top 25 analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Qualcomm with a $184.92 average price target, which is a -3.1% downside from current levels. In a report issued on June 4, Evercore ISI also maintained a Hold rating on the stock with a $179.00 price target.
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Adobe (ADBE)
In a report released today, Karl Keirstead from UBS assigned a Hold rating to Adobe, with a price target of $225.00. The company’s shares closed last Thursday at $218.80.
According to TipRanks.com, Keirstead is a 5-star analyst with an average return of
Currently, the analyst consensus on Adobe is a Hold with an average price target of $291.32, representing a 26.7% upside. In a report released yesterday, Stifel Nicolaus also downgraded the stock to Hold with a $200.00 price target.
Fair Isaac (FICO)
In a report released today, Jason Haas CFA from Wells Fargo maintained a Buy rating on Fair Isaac, with a price target of $1400.00. The company’s shares closed last Thursday at $1185.37, close to its 52-week low of $1105.65.
According to TipRanks.com, CFA is ranked #1944 out of 12296 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Fair Isaac with a $1612.93 average price target, representing a 33.9% upside. In a report issued on May 28, TipRanks – OpenAI also upgraded the stock to Buy with a $1398.00 price target.
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