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Analysts Are Bullish on Top Technology Stocks: Synaptics (SYNA), Strategy (MSTR)

Tipranks - Sat Feb 7, 12:02PM CST

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Synaptics (SYNAResearch Report) and Strategy (MSTRResearch Report) with bullish sentiments.

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Synaptics (SYNA)

Susquehanna analyst Christopher Rolland reiterated a Buy rating on Synaptics today and set a price target of $105.00. The company’s shares closed last Friday at $89.54.

According to TipRanks.com, Rolland is a 5-star analyst with an average return of 21.5% and a 58.6% success rate. Rolland covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Advanced Micro Devices. ;'>

Currently, the analyst consensus on Synaptics is a Strong Buy with an average price target of $102.40, implying a 13.9% upside from current levels. In a report released yesterday, Rosenblatt Securities also maintained a Buy rating on the stock with a $125.00 price target.

See the top stocks recommended by analysts >>

Strategy (MSTR)

Citi analyst Peter Christiansen maintained a Buy rating on Strategy today and set a price target of $325.00. The company’s shares closed last Friday at $133.33, close to its 52-week low of $101.00.

According to TipRanks.com, Christiansen is a 3-star analyst with an average return of 3.3% and a 53.3% success rate. Christiansen covers the Technology sector, focusing on stocks such as Circle Internet Group, Inc. Class A, NIQ Global Intelligence PLC, and Pagaya Technologies Ltd. ;'>

Strategy has an analyst consensus of Strong Buy, with a price target consensus of $373.90, a 225.3% upside from current levels. In a report issued on January 26, Cantor Fitzgerald also maintained a Buy rating on the stock with a $213.00 price target.

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