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Wall Street Analysts Are Bullish on Top Technology Picks

Tipranks - Tipranks - Fri May 8, 9:00PM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Infineon Technologies AG (IFNNF) and Bill.com Holdings (BILL) with bullish sentiments.

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Infineon Technologies AG (IFNNF)

Kepler Capital analyst Sebastien Sztabowicz maintained a Buy rating on Infineon Technologies AG on May 6 and set a price target of EUR54.00. The company’s shares closed last Thursday at $69.00.

According to TipRanks.com, Sztabowicz is a 4-star analyst with an average return of 4.3% and a 47.1% success rate. Sztabowicz covers the Technology sector, focusing on stocks such as ams-OSRAM, ams-OSRAM, and Adyen. ;'>

Infineon Technologies AG has an analyst consensus of Strong Buy, with a price target consensus of $74.97, implying a 3.8% upside from current levels. In a report issued on April 24, TipRanks – xAI also upgraded the stock to Buy with a EUR60.00 price target.

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Bill.com Holdings (BILL)

BTIG analyst Andrew Harte reiterated a Buy rating on Bill.com Holdings yesterday and set a price target of $60.00. The company’s shares closed last Thursday at $37.66.

According to TipRanks.com, Harte is a 1-star analyst with an average return of -0.2% and a 30.7% success rate. Harte covers the Technology sector, focusing on stocks such as Exodus Movement, Inc. Class A, Shift4 Payments, and Par Technology. ;'>

Currently, the analyst consensus on Bill.com Holdings is a Moderate Buy with an average price target of $52.86, implying a 38.9% upside from current levels. In a report issued on April 24, TipRanks – Google also upgraded the stock to Buy with a $41.00 price target.

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