This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts’ Top Technology Picks: Advanced Micro Devices (AMD), Disco (DISPF)

Tipranks - Sat Jul 25, 12:54PM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Advanced Micro Devices (AMD), Disco (DISPF) and Nokia (NOK) with bullish sentiments.

Claim 55% Off TipRanks

Advanced Micro Devices (AMD)

In a report released today, John Vinh from KeyBanc maintained a Buy rating on Advanced Micro Devices, with a price target of $725.00. The company’s shares closed last Friday at $534.12.

According to TipRanks.com, Vinh is a top 100 analyst with an average return of 30.8% and a 61.6% success rate. Vinh covers the Technology sector, focusing on stocks such as Lattice Semiconductor, ARM Holdings PLC ADR, and indie Semiconductor. ;'>

Currently, the analyst consensus on Advanced Micro Devices is a Strong Buy with an average price target of $570.38, a 4.3% upside from current levels. In a report issued on July 10, Bank of America Securities also maintained a Buy rating on the stock.

See Insiders’ Hot Stocks on TipRanks >>

Disco (DISPF)

Goldman Sachs analyst Shuhei Nakamura reiterated a Buy rating on Disco today and set a price target of Yen100000.00. The company’s shares closed last Friday at $368.13.

Nakamura has an average return of 37.1% when recommending Disco. ;'>

According to TipRanks.com, Nakamura is ranked #1137 out of 12396 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Disco with a $544.05 average price target, a 43.4% upside from current levels. In a report issued on July 20, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a Yen76764.00 price target.

Nokia (NOK)

Argus Research analyst Jim Kelleher reiterated a Buy rating on Nokia yesterday. The company’s shares closed last Friday at $9.23.

According to TipRanks.com, Kelleher is a top 100 analyst with an average return of 35.1% and a 69.7% success rate. Kelleher covers the Technology sector, focusing on stocks such as International Business Machines, Telefonaktiebolaget LM Ericsson, and Hewlett Packard Enterprise. ;'>

Nokia has an analyst consensus of Strong Buy, with a price target consensus of $19.77, which is a 106.4% upside from current levels. In a report issued on July 8, TipRanks – OpenAI also upgraded the stock to Buy with a $14.00 price target.

Read More on AMD:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.