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Analysts Are Bullish on Top Technology Stocks: nLIGHT (LASR), Frequency Electronics (FEIM)

Tipranks - Tipranks - Tue Apr 7, 9:22AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on nLIGHT (LASR), Frequency Electronics (FEIM) and Ondas (ONDS) with bullish sentiments.

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nLIGHT (LASR)

In a report released today, Greg Palm from Craig-Hallum maintained a Buy rating on nLIGHT. The company’s shares closed last Monday at $57.75.

According to TipRanks.com, Palm is a 5-star analyst with an average return of 12.3% and a 49.4% success rate. Palm covers the Technology sector, focusing on stocks such as Digital Turbine, Bel Fuse Inc, and 3D Systems. ;'>

nLIGHT has an analyst consensus of Strong Buy, with a price target consensus of $72.62, which is a 20.3% upside from current levels. In a report issued on March 27, William Blair also initiated coverage with a Buy rating on the stock with a $63.86 price target.

See today’s best-performing stocks on TipRanks >>

Frequency Electronics (FEIM)

In a report released today, Jeff Van Rhee from Craig-Hallum maintained a Buy rating on Frequency Electronics. The company’s shares closed last Monday at $49.99.

According to TipRanks.com, Rhee is a 5-star analyst with an average return of 15.4% and a 47.1% success rate. Rhee covers the Technology sector, focusing on stocks such as Intellicheck Mobilisia, Alkami Technology, and Cellebrite DI. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Frequency Electronics.

Ondas (ONDS)

In a report released today, Michael Latimore from Northland Securities maintained a Buy rating on Ondas, with a price target of $18.00. The company’s shares closed last Monday at $9.66.

According to TipRanks.com, Latimore is a 4-star analyst with an average return of 8.1% and a 33.3% success rate. Latimore covers the Technology sector, focusing on stocks such as Gorilla Technology Group Inc., SoundHound AI, Inc Class A, and Palantir Technologies. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ondas with a $20.14 average price target, implying a 109.1% upside from current levels. In a report issued on March 22, Oppenheimer also maintained a Buy rating on the stock with a $16.00 price target.

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