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Wall Street Analysts Are Bullish on Top Technology Picks

Tipranks - Tipranks - Fri Jun 12, 11:56AM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on InterDigital (IDCC) and Aeva Technologies (AEVA) with bullish sentiments.

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InterDigital (IDCC)

In a report released today, Arjun Bhatia from William Blair maintained a Buy rating on InterDigital. The company’s shares closed last Thursday at $283.01.

According to TipRanks.com, Bhatia has 0 stars on 0-5 stars ranking scale with an average return of -3.1% and a 40.0% success rate. Bhatia covers the Technology sector, focusing on stocks such as Zeta Global Holdings Corp, Zoom Video Communications, and Klaviyo, Inc. Class A. ;'>

The the analyst consensus on InterDigital is currently a Moderate Buy rating.

See the top stocks recommended by analysts >>

Aeva Technologies (AEVA)

Craig-Hallum analyst Richard Shannon maintained a Buy rating on Aeva Technologies today. The company’s shares closed last Thursday at $21.80.

According to TipRanks.com, Shannon is a top 25 analyst with an average return of 91.0% and a 66.0% success rate. Shannon covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Cerebras Systems, Inc. Class A. ;'>

Currently, the analyst consensus on Aeva Technologies is a Strong Buy with an average price target of $22.00.

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