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.

Wall Street Analysts Are Bullish on Top Technology Picks

Tipranks - Thu Jun 4, 11:56AM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on MNTN, Inc Class A (MNTN) and Lam Research (LRCX) with bullish sentiments.

Claim 55% Off TipRanks

MNTN, Inc Class A (MNTN)

Tigress Financial analyst Ivan Feinseth reiterated a Buy rating on MNTN, Inc Class A today and set a price target of $26.00. The company’s shares closed last Wednesday at $9.80, close to its 52-week low of $7.67.

According to TipRanks.com, Feinseth is a 5-star analyst with an average return of 10.5% and a 57.1% success rate. Feinseth covers the Technology sector, focusing on stocks such as Monday.com, Microsoft, and Qualcomm. ;'>

MNTN, Inc Class A has an analyst consensus of Strong Buy, with a price target consensus of $20.14, which is a 95.9% upside from current levels. In a report issued on May 31, TipRanks – xAI also upgraded the stock to Buy with a $10.50 price target.

See today’s best-performing stocks on TipRanks >>

Lam Research (LRCX)

Bernstein analyst David Dai CFA maintained a Buy rating on Lam Research today and set a price target of $340.00. The company’s shares closed last Wednesday at $340.28.

According to TipRanks.com, CFA is a 5-star analyst with an average return of 42.8% and a 80.5% success rate. CFA covers the Technology sector, focusing on stocks such as Infineon Technologies AG, SCREEN Holdings Co, and Applied Materials. ;'>

Currently, the analyst consensus on Lam Research is a Strong Buy with an average price target of $322.70, implying a -3.7% downside from current levels. In a report issued on June 1, Wells Fargo also maintained a Buy rating on the stock with a $365.00 price target.

Read More on MNTN:

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.