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Analysts Offer Insights on Technology Companies: First Solar (FSLR) and International Business Machines (IBM)

Tipranks - Tipranks - Thu Feb 26, 9:56AM CST

Analysts have been eager to weigh in on the Technology sector with new ratings on First Solar (FSLR – Research Report) and International Business Machines (IBM – Research Report).

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First Solar (FSLR)

In a report released today, Nicholas Amicucci from Evercore ISI maintained a Hold rating on First Solar, with a price target of $241.00. The company’s shares closed last Wednesday at $206.12.

According to TipRanks.com, Amicucci is a 4-star analyst with an average return of 15.3% and a 62.7% success rate. Amicucci covers the Utilities sector, focusing on stocks such as Consolidated Edison, Dominion Energy, and Clearway Energy. ;'>

Currently, the analyst consensus on First Solar is a Moderate Buy with an average price target of $264.81, a 34.1% upside from current levels. In a report released today, Robert W. Baird also downgraded the stock to Hold with a $205.00 price target.

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International Business Machines (IBM)

Wedbush analyst Daniel Ives maintained a Buy rating on International Business Machines today and set a price target of $340.00. The company’s shares closed last Wednesday at $236.24.

According to TipRanks.com, Ives is a 5-star analyst with an average return of 10.9% and a 49.8% success rate. Ives covers the Technology sector, focusing on stocks such as Onestream, Inc. Class A, Palantir Technologies, and Rubrik, Inc. Class A. ;'>

International Business Machines has an analyst consensus of Moderate Buy, with a price target consensus of $334.18, a 43.3% upside from current levels. In a report issued on February 10, DBS also maintained a Buy rating on the stock with a $365.00 price target.

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