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Analysts Conflicted on These Technology Names: Broadcom (AVGO), Hewlett Packard Enterprise (HPE) and Twilio (TWLO)

Tipranks - Thu Jun 25, 12:36PM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Broadcom (AVGO), Hewlett Packard Enterprise (HPE) and Twilio (TWLO).

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Broadcom (AVGO)

In a report released today, Sebastien Naji from William Blair reiterated a Buy rating on Broadcom. The company’s shares closed last Wednesday at $380.67.

According to TipRanks.com, Naji is a 5-star analyst with an average return of 66.8% and a 84.5% success rate. Naji covers the Technology sector, focusing on stocks such as Credo Technology Group Holding Ltd, ARM Holdings PLC ADR, and Astera Labs, Inc. ;'>

Currently, the analyst consensus on Broadcom is a Strong Buy with an average price target of $513.58, which is a 32.8% upside from current levels. In a report issued on June 11, UBS also maintained a Buy rating on the stock with a $485.00 price target.

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Hewlett Packard Enterprise (HPE)

Morgan Stanley analyst Erik Woodring maintained a Hold rating on Hewlett Packard Enterprise today and set a price target of $71.00. The company’s shares closed last Wednesday at $48.72.

According to TipRanks.com, Woodring is a 5-star analyst with an average return of 37.0% and a 61.0% success rate. Woodring covers the Technology sector, focusing on stocks such as Ingram Micro Holding Corporation, International Business Machines, and TD SYNNEX Corporation. ;'>

Hewlett Packard Enterprise has an analyst consensus of Moderate Buy, with a price target consensus of $67.73, representing a 40.4% upside. In a report issued on June 9, TipRanks – PerPlexity also downgraded the stock to Hold with a $54.00 price target.

Twilio (TWLO)

In a report released yesterday, Callie Valenti from Goldman Sachs initiated coverage with a Buy rating on Twilio and a price target of $300.00. The company’s shares closed last Wednesday at $188.47.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Twilio with a $210.52 average price target, representing an 11.4% upside. In a report issued on June 10, Bank of America Securities also maintained a Buy rating on the stock with a $235.00 price target.

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