Skip to main content

Analysts Conflicted on These Technology Names: Western Digital (WDC), Klarna Group Plc (KLAR) and Lumentum Holdings (LITE)

Tipranks - Tue Feb 10, 5:22AM CST

Analysts have been eager to weigh in on the Technology sector with new ratings on Western Digital (WDCResearch Report), Klarna Group Plc (KLARResearch Report) and Lumentum Holdings (LITEResearch Report).

Valentine's Day Sale - 70% Off

Western Digital (WDC)

Bank of America Securities analyst Wamsi Mohan reiterated a Buy rating on Western Digital today and set a price target of $375.00. The company’s shares closed last Friday at $282.58.

According to TipRanks.com, Mohan is a top 100 analyst with an average return of 30.4% and a 63.5% success rate. Mohan covers the Technology sector, focusing on stocks such as International Business Machines, Hewlett Packard Enterprise, and DigitalOcean Holdings. ;'>

Western Digital has an analyst consensus of Strong Buy, with a price target consensus of $303.63, which is a 12.3% upside from current levels. In a report issued on January 29, Rosenblatt Securities also maintained a Buy rating on the stock with a $340.00 price target.

See the top stocks recommended by analysts >>

Klarna Group Plc (KLAR)

UBS analyst Timothy Chiodo maintained a Buy rating on Klarna Group Plc on February 6 and set a price target of $48.00. The company’s shares closed last Friday at $20.52, close to its 52-week low of $20.10.

According to TipRanks.com, Chiodo is a 3-star analyst with an average return of 2.3% and a 42.9% success rate. Chiodo covers the Technology sector, focusing on stocks such as Jack Henry & Associates, Fidelity National Info, and Affirm Holdings. ;'>

Klarna Group Plc has an analyst consensus of Strong Buy, with a price target consensus of $44.17.

Lumentum Holdings (LITE)

Bank of America Securities analyst Vivek Arya maintained a Hold rating on Lumentum Holdings yesterday and set a price target of $600.00. The company’s shares closed last Friday at $551.99.

According to TipRanks.com, Arya is a 5-star analyst with an average return of 21.2% and a 60.2% success rate. Arya covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Advanced Micro Devices. ;'>

Lumentum Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $534.71, a -1.0% downside from current levels. In a report issued on January 30, Morgan Stanley also maintained a Hold rating on the stock with a $350.00 price target.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.