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Analysts Are Bullish on Top Technology Stocks: Nvidia (NVDA), Sony (SNEJF)

Tipranks - Sat Mar 7, 2:14AM CST

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Nvidia (NVDAResearch Report) and Sony (SNEJFResearch Report) with bullish sentiments.

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Nvidia (NVDA)

Bernstein analyst Stacy Rasgon maintained a Buy rating on Nvidia yesterday and set a price target of $300.00. The company’s shares closed last Thursday at $183.34.

According to TipRanks.com, Rasgon is a 5-star analyst with an average return of 30.1% and a 64.5% success rate. Rasgon covers the Technology sector, focusing on stocks such as Advanced Micro Devices, NXP Semiconductors, and Applied Materials. ;'>

Nvidia has an analyst consensus of Strong Buy, with a price target consensus of $272.16, implying a 50.2% upside from current levels. In a report issued on February 23, Aletheia Capital also upgraded the stock to Buy with a $250.00 price target.

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Sony (SNEJF)

Bernstein analyst Mark Newman maintained a Buy rating on Sony yesterday and set a price target of Yen4600.00. The company’s shares closed last Thursday at $21.56.

According to TipRanks.com, Newman is a 5-star analyst with an average return of 32.2% and a 62.5% success rate. Newman covers the Technology sector, focusing on stocks such as International Business Machines, Hewlett Packard Enterprise, and Super Micro Computer. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Sony with a $31.42 average price target, which is a 43.5% upside from current levels. In a report issued on February 19, Nomura also maintained a Buy rating on the stock with a Yen4800.00 price target.

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