Analysts Are Bullish on Top Technology Stocks: Jack Henry & Associates (JKHY), Lumentum Holdings (LITE)
There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Jack Henry & Associates (JKHY – Research Report), Lumentum Holdings (LITE – Research Report) and Marvell (MRVL – Research Report) with bullish sentiments.
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Jack Henry & Associates (JKHY)
William Blair analyst Christopher Kennedy maintained a Buy rating on Jack Henry & Associates today. The company’s shares closed last Friday at $162.46, close to its 52-week low of $157.00.
According to TipRanks.com, Kennedy ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
Jack Henry & Associates has an analyst consensus of Strong Buy, with a price target consensus of $205.00, which is a 28.6% upside from current levels. In a report issued on February 25, TipRanks – Google also upgraded the stock to Buy with a $177.00 price target.
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Lumentum Holdings (LITE)
In a report released yesterday, Ruben Roy from Stifel Nicolaus maintained a Buy rating on Lumentum Holdings, with a price target of $800.00. The company’s shares closed last Friday at $700.91.
According to TipRanks.com, Roy is a top 25 analyst with an average return of
Currently, the analyst consensus on Lumentum Holdings is a Moderate Buy with an average price target of $590.43, which is a -13.2% downside from current levels. In a report issued on February 15, TipRanks – PerPlexity also upgraded the stock to Buy with a $627.00 price target.
Marvell (MRVL)
In a report released yesterday, Srini Pajjuri from RBC Capital reiterated a Buy rating on Marvell, with a price target of $105.00. The company’s shares closed last Friday at $81.69.
According to TipRanks.com, Pajjuri is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Marvell with a $119.19 average price target, which is a 48.9% upside from current levels. In a report issued on February 23, UBS also maintained a Buy rating on the stock with a $120.00 price target.
