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Analysts’ Opinions Are Mixed on These Technology Stocks: Gartner (IT), Advanced Micro Devices (AMD) and DigitalOcean Holdings (DOCN)

Tipranks - Tipranks - Thu Aug 6, 6:14AM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Gartner (IT), Advanced Micro Devices (AMD) and DigitalOcean Holdings (DOCN).

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Gartner (IT)

In a report released today, Jason Haas CFA from Wells Fargo maintained a Sell rating on Gartner, with a price target of $150.00. The company’s shares closed last Tuesday at $185.79.

CFA has an average return of 31.6% when recommending Gartner. ;'>

According to TipRanks.com, CFA is ranked #1938 out of 12430 analysts.

Currently, the analyst consensus on Gartner is a Hold with an average price target of $169.78.

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Advanced Micro Devices (AMD)

Citi analyst Atif Malik maintained a Buy rating on Advanced Micro Devices today and set a price target of $575.00. The company’s shares closed last Tuesday at $518.58.

According to TipRanks.com, Malik is a top 25 analyst with an average return of 49.2% and a 79.6% success rate. Malik covers the Technology sector, focusing on stocks such as Keysight Technologies, GlobalFoundries Inc, and Skyworks Solutions. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Advanced Micro Devices with a $597.14 average price target, which is a 18.5% upside from current levels. In a report issued on July 21, Bernstein also maintained a Buy rating on the stock with a $600.00 price target.

DigitalOcean Holdings (DOCN)

Citi analyst Mark Zhang maintained a Buy rating on DigitalOcean Holdings today and set a price target of $190.00. The company’s shares closed last Tuesday at $128.89.

Zhang has an average return of 105.5% when recommending DigitalOcean Holdings. ;'>

According to TipRanks.com, Zhang is ranked #1055 out of 12430 analysts.

DigitalOcean Holdings has an analyst consensus of Strong Buy, with a price target consensus of $177.46, a 48.1% upside from current levels. In a report issued on July 21, Robert W. Baird also initiated coverage with a Buy rating on the stock with a $165.00 price target.

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