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Analysts Offer Insights on Technology Companies: nLIGHT (LASR) and Ichor Holdings (ICHR)

Tipranks - Tipranks - Thu Jan 15, 6:40AM CST

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on nLIGHT (LASR – Research Report) and Ichor Holdings (ICHR – Research Report).

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nLIGHT (LASR)

Stifel Nicolaus analyst Ruben Roy reiterated a Buy rating on nLIGHT today and set a price target of $45.00. The company’s shares closed last Tuesday at $42.72.

According to TipRanks.com, Roy is a top 25 analyst with an average return of 38.5% and a 72.3% success rate. Roy covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Lattice Semiconductor, and Skyworks Solutions. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for nLIGHT with a $43.40 average price target, which is a -3.2% downside from current levels. In a report issued on January 5, Craig-Hallum also maintained a Buy rating on the stock.

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Ichor Holdings (ICHR)

In a report released today, Brian Chin from Stifel Nicolaus maintained a Hold rating on Ichor Holdings, with a price target of $25.00. The company’s shares closed last Tuesday at $26.13, close to its 52-week low of $23.09.

According to TipRanks.com, Chin is a 5-star analyst with an average return of 31.4% and a 64.4% success rate. Chin covers the Technology sector, focusing on stocks such as SkyWater Technology, Applied Materials, and Onto Innovation. ;'>

Ichor Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $25.60, which is a 1.6% upside from current levels. In a report issued on January 7, TipRanks – PerPlexity also upgraded the stock to Hold with a $23.00 price target.

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