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Analysts’ Opinions Are Mixed on These Technology Stocks: Gartner (IT), Corning (GLW) and Celestica (CLS)

Tipranks - Tue Apr 21, 5:14AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Gartner (IT), Corning (GLW) and Celestica (CLS).

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Gartner (IT)

In a report released today, Manav Patnaik from Barclays maintained a Hold rating on Gartner, with a price target of $150.00. The company’s shares closed last Friday at $154.62.

According to TipRanks.com, Patnaik is a 4-star analyst with an average return of 4.6% and a 55.1% success rate. Patnaik covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, Vestis Corporation, and Mcgrath Rentcorp. ;'>

Gartner has an analyst consensus of Hold, with a price target consensus of $182.09, which is a 16.8% upside from current levels. In a report issued on April 5, RBC Capital also maintained a Hold rating on the stock with a $175.00 price target.

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Corning (GLW)

Bank of America Securities analyst Wamsi Mohan reiterated a Buy rating on Corning today and set a price target of $186.00. The company’s shares closed last Friday at $164.38.

According to TipRanks.com, Mohan is a top 100 analyst with an average return of 36.8% and a 65.3% success rate. Mohan covers the Technology sector, focusing on stocks such as International Business Machines, Hewlett Packard Enterprise, and DigitalOcean Holdings. ;'>

Corning has an analyst consensus of Moderate Buy, with a price target consensus of $145.33, implying a -13.6% downside from current levels. In a report issued on April 7, Mizuho Securities also maintained a Buy rating on the stock with a $160.00 price target.

Celestica (CLS)

Bank of America Securities analyst Ruplu Bhattacharya reiterated a Buy rating on Celestica today and set a price target of $430.00. The company’s shares closed last Friday at $396.01.

According to TipRanks.com, Bhattacharya is a 4-star analyst with an average return of 8.1% and a 58.7% success rate. Bhattacharya covers the Technology sector, focusing on stocks such as Ingram Micro Holding Corporation, Vishay Intertechnology, and TD SYNNEX Corporation. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Celestica with a $385.40 average price target, representing a -0.8% downside. In a report issued on April 15, TipRanks – xAI also upgraded the stock to Buy with a C$576.00 price target.

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