Analysts Are Bullish on Top Technology Stocks: MACOM Technology Solutions Holdings (MTSI), Monolithic Power (MPWR)
There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on MACOM Technology Solutions Holdings (MTSI – Research Report) and Monolithic Power (MPWR – Research Report) with bullish sentiments.
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MACOM Technology Solutions Holdings (MTSI)
In a report released yesterday, Sean O’Loughlin from TD Cowen reiterated a Buy rating on MACOM Technology Solutions Holdings, with a price target of $265.00. The company’s shares closed last Thursday at $227.80.
O’Loughlin has an average return of
According to TipRanks.com, O’Loughlin is ranked #5580 out of 12040 analysts.
MACOM Technology Solutions Holdings has an analyst consensus of Strong Buy, with a price target consensus of $232.00, a 13.9% upside from current levels. In a report issued on January 21, Bank of America Securities also maintained a Buy rating on the stock with a $260.00 price target.
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Monolithic Power (MPWR)
In a report released yesterday, Rick Schafer from Oppenheimer reiterated a Buy rating on Monolithic Power, with a price target of $1300.00. The company’s shares closed last Thursday at $1155.99.
According to TipRanks.com, Schafer is a top 25 analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Monolithic Power with a $1304.17 average price target, implying a 15.9% upside from current levels. In a report issued on January 26, Wells Fargo also maintained a Buy rating on the stock with a $1200.00 price target.
