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Analysts Have Conflicting Sentiments on These Technology Companies: Ichor Holdings (ICHR), Fabrinet (FN) and Backblaze (BLZE)

Tipranks - Wed May 6, 8:44AM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Ichor Holdings (ICHR), Fabrinet (FN) and Backblaze (BLZE).

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Ichor Holdings (ICHR)

In a report released today, Christian Schwab from Craig-Hallum reiterated a Buy rating on Ichor Holdings, with a price target of $77.00. The company’s shares closed last Tuesday at $61.98.

According to TipRanks.com, Schwab is a top 100 analyst with an average return of 39.3% and a 66.5% success rate. Schwab covers the Technology sector, focusing on stocks such as Ribbon Communications, Axcelis Technologies, and Ultra Clean Holdings. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ichor Holdings with a $71.43 average price target, implying a 2.5% upside from current levels. In a report released yesterday, TipRanks – Google also upgraded the stock to Buy with a $71.00 price target.

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Fabrinet (FN)

In a report released today, Christopher Rolland from Susquehanna maintained a Buy rating on Fabrinet, with a price target of $850.00. The company’s shares closed last Tuesday at $678.00.

According to TipRanks.com, Rolland is a top 100 analyst with an average return of 40.8% and a 66.7% success rate. Rolland covers the Technology sector, focusing on stocks such as Credo Technology Group Holding Ltd, Advanced Micro Devices, and Lattice Semiconductor. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fabrinet with a $763.67 average price target, which is a 6.4% upside from current levels. In a report issued on April 20, TipRanks – Anthropic also upgraded the stock to Buy with a $769.00 price target.

Backblaze (BLZE)

In a report released today, Jeff Van Rhee from Craig-Hallum maintained a Hold rating on Backblaze, with a price target of $6.50. The company’s shares closed last Tuesday at $7.97.

According to TipRanks.com, Rhee is a 5-star analyst with an average return of 23.4% and a 50.5% success rate. Rhee covers the Technology sector, focusing on stocks such as Intellicheck Mobilisia, Frequency Electronics, and Alkami Technology. ;'>

Currently, the analyst consensus on Backblaze is a Moderate Buy with an average price target of $8.40, representing an 81.0% upside. In a report issued on May 2, TipRanks – xAI also reiterated a Hold rating on the stock with a $4.50 price target.

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