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Wall Street Analysts Are Bullish on Top Technology Picks

Tipranks - Thu Feb 5, 10:42PM CST

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Jack Henry & Associates (JKHYResearch Report) and Advanced Micro Devices (AMDResearch Report) with bullish sentiments.

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Jack Henry & Associates (JKHY)

In a report released yesterday, Dan Waggoner from D.A. Davidson maintained a Buy rating on Jack Henry & Associates, with a price target of $216.00. The company’s shares closed last Wednesday at $173.78.

According to TipRanks.com, Waggoner is ranked #7257 out of 12040 analysts.

Currently, the analyst consensus on Jack Henry & Associates is a Moderate Buy with an average price target of $199.73, representing a 17.0% upside. In a report issued on January 22, TipRanks – Google also initiated coverage with a Buy rating on the stock with a $211.00 price target.

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Advanced Micro Devices (AMD)

In a report released yesterday, Kevin Cassidy from Rosenblatt Securities maintained a Buy rating on Advanced Micro Devices, with a price target of $300.00. The company’s shares closed last Wednesday at $200.19.

According to TipRanks.com, Cassidy is a 5-star analyst with an average return of 24.8% and a 60.4% success rate. Cassidy covers the Technology sector, focusing on stocks such as Navitas Semiconductor, Lattice Semiconductor, and ARM Holdings PLC ADR. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Advanced Micro Devices with a $288.19 average price target, a 34.0% upside from current levels. In a report released yesterday, TipRanks – xAI also upgraded the stock to Buy with a $271.00 price target.

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