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Analysts Have Conflicting Sentiments on These Technology Companies: Data Storage (DTST), HP (HPQ) and Daqo New Energy (DQ)

Tipranks - Fri Apr 17, 7:18AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Data Storage (DTST), HP (HPQ) and Daqo New Energy (DQ).

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Data Storage (DTST)

Maxim Group analyst Matthew Galinko maintained a Hold rating on Data Storage yesterday and set a price target of $5.44. The company’s shares closed last Wednesday at $3.98, close to its 52-week low of $3.24.

According to TipRanks.com, Galinko is a 5-star analyst with an average return of 15.3% and a 39.8% success rate. Galinko covers the Technology sector, focusing on stocks such as Intchains Group Ltd. ADR, Unusual Machines Inc., and Arbe Robotics. ;'>

Data Storage has an analyst consensus of Hold, with a price target consensus of $5.44, representing a 34.7% upside. In a report issued on April 14, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $4.50 price target.

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HP (HPQ)

Goldman Sachs analyst Katherine Murphy maintained a Sell rating on HP yesterday and set a price target of $16.00. The company’s shares closed last Wednesday at $19.23.

According to TipRanks.com, Murphy is a 3-star analyst with an average return of 16.4% and a 69.2% success rate. Murphy covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, TD SYNNEX Corporation, and Dell Technologies. ;'>

Currently, the analyst consensus on HP is a Moderate Sell with an average price target of $18.36.

Daqo New Energy (DQ)

J.P. Morgan analyst Alan Hon maintained a Buy rating on Daqo New Energy yesterday and set a price target of $35.50. The company’s shares closed last Wednesday at $21.69.

Hon has an average return of 33.2% when recommending Daqo New Energy. ;'>

According to TipRanks.com, Hon is ranked #560 out of 12196 analysts.

Currently, the analyst consensus on Daqo New Energy is a Hold with an average price target of $26.21.

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