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Analysts Offer Insights on Technology Companies: Silicom (SILC) and InterDigital (IDCC)

Tipranks - Fri May 1, 3:08PM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Silicom (SILC) and InterDigital (IDCC).

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Silicom (SILC)

In a report released today, Ryan Koontz from Needham maintained a Hold rating on Silicom, with a price target of $28.00. The company’s shares closed last Thursday at $38.44.

According to TipRanks.com, Koontz is a 5-star analyst with an average return of 35.3% and a 51.9% success rate. Koontz covers the Technology sector, focusing on stocks such as Applied Optoelectronics, Lumentum Holdings, and Ceragon Networks. ;'>

Currently, the analyst consensus on Silicom is a Hold with an average price target of $28.00, representing a -14.5% downside. In a report issued on April 15, TipRanks – Google also downgraded the stock to Hold with a $24.00 price target.

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InterDigital (IDCC)

William Blair analyst Arjun Bhatia maintained a Buy rating on InterDigital today. The company’s shares closed last Thursday at $297.08.

According to TipRanks.com, Bhatia has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -5.0% and a 41.0% success rate. Bhatia covers the Technology sector, focusing on stocks such as Zeta Global Holdings Corp, Zoom Video Communications, and Klaviyo, Inc. Class A. ;'>

InterDigital has an analyst consensus of Moderate Buy, with a price target consensus of $425.00, a 23.9% upside from current levels. In a report released today, TipRanks – xAI also reiterated a Buy rating on the stock with a $399.00 price target.

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