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Analysts’ Top Technology Picks: Microsoft (MSFT), Amphenol (APH)

Tipranks - Fri Jul 10, 7:34AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Microsoft (MSFT), Amphenol (APH) and ON Semiconductor (ON) with bullish sentiments.

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Microsoft (MSFT)

Goldman Sachs analyst Gabriela Borges maintained a Buy rating on Microsoft yesterday and set a price target of $610.00. The company’s shares closed last Wednesday at $383.34, close to its 52-week low of $376.91.

According to TipRanks.com, Borges is a 5-star analyst with an average return of 11.0% and a 55.8% success rate. Borges covers the Technology sector, focusing on stocks such as Klaviyo, Inc. Class A, DigitalOcean Holdings, and CrowdStrike Holdings. ;'>

Microsoft has an analyst consensus of Strong Buy, with a price target consensus of $563.62, which is a 46.8% upside from current levels. In a report issued on July 6, D.A. Davidson also maintained a Buy rating on the stock.

See the top stocks recommended by analysts >>

Amphenol (APH)

In a report released today, Joseph Spak from UBS maintained a Buy rating on Amphenol, with a price target of $185.00. The company’s shares closed last Wednesday at $158.22.

According to TipRanks.com, Spak ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -10.7% and a 40.9% success rate. Spak covers the NA sector, focusing on stocks such as Mobileye Global, Inc. Class A, Penske Automotive Group, and Magna International. ;'>

Amphenol has an analyst consensus of Strong Buy, with a price target consensus of $191.11, implying a 23.5% upside from current levels. In a report issued on June 24, TipRanks – xAI also upgraded the stock to Buy with a $185.00 price target.

ON Semiconductor (ON)

In a report released today, Christopher Rolland from Susquehanna reiterated a Buy rating on ON Semiconductor, with a price target of $150.00. The company’s shares closed last Wednesday at $93.79.

According to TipRanks.com, Rolland is a top 25 analyst with an average return of 43.4% and a 65.9% success rate. Rolland covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Infineon Technologies AG. ;'>

ON Semiconductor has an analyst consensus of Moderate Buy, with a price target consensus of $114.40, a 26.3% upside from current levels. In a report issued on June 24, TipRanks – xAI also upgraded the stock to Buy with a $145.00 price target.

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