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Analysts Offer Insights on Technology Companies: Lam Research (LRCX) and Parsons (PSN)

Tipranks - Tipranks - Sat Apr 11, 12:08AM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Lam Research (LRCX) and Parsons (PSN).

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Lam Research (LRCX)

Susquehanna analyst Mehdi Hosseini maintained a Buy rating on Lam Research yesterday and set a price target of $350.00. The company’s shares closed last Thursday at $258.76.

According to TipRanks.com, Hosseini is a 5-star analyst with an average return of 19.7% and a 61.0% success rate. Hosseini covers the Technology sector, focusing on stocks such as Keysight Technologies, GlobalFoundries Inc, and Applied Materials. ;'>

Currently, the analyst consensus on Lam Research is a Strong Buy with an average price target of $286.10.

See the top stocks recommended by analysts >>

Parsons (PSN)

Jefferies analyst Sheila Kahyaoglu maintained a Hold rating on Parsons today and set a price target of $65.00. The company’s shares closed last Thursday at $57.13, close to its 52-week low of $54.56.

According to TipRanks.com, Kahyaoglu is a 5-star analyst with an average return of 12.5% and a 58.9% success rate. Kahyaoglu covers the Industrial Goods sector, focusing on stocks such as Voyager Technologies, Inc. Class A, BETA Technologies, Inc. Class A, and United Airlines Holdings. ;'>

Parsons has an analyst consensus of Strong Buy, with a price target consensus of $77.90, a 35.1% upside from current levels. In a report issued on April 5, TipRanks – xAI also reiterated a Hold rating on the stock with a $58.00 price target.

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