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Analysts Offer Insights on Technology Companies: International Business Machines (IBM) and Lattice Semiconductor (LSCC)

Tipranks - Wed Jan 14, 5:21AM CST

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on International Business Machines (IBMResearch Report) and Lattice Semiconductor (LSCCResearch Report) with bullish sentiments.

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International Business Machines (IBM)

In a report released today, Wamsi Mohan from Bank of America Securities reiterated a Buy rating on International Business Machines, with a price target of $335.00. The company’s shares closed last Monday at $312.18.

According to TipRanks.com, Mohan is a 5-star analyst with an average return of 25.1% and a 62.4% success rate. Mohan covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, DigitalOcean Holdings, and Dell Technologies. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for International Business Machines with a $317.13 average price target, implying a 4.8% upside from current levels. In a report issued on January 4, Jefferies also upgraded the stock to Buy with a $360.00 price target.

See the top stocks recommended by analysts >>

Lattice Semiconductor (LSCC)

KeyBanc analyst John Vinh maintained a Buy rating on Lattice Semiconductor yesterday and set a price target of $95.00. The company’s shares closed last Monday at $83.10.

According to TipRanks.com, Vinh is a 5-star analyst with an average return of 22.2% and a 62.0% success rate. Vinh covers the Technology sector, focusing on stocks such as Advanced Micro Devices, ARM Holdings PLC ADR, and indie Semiconductor. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Lattice Semiconductor with a $81.60 average price target.

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