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Analysts’ Top Technology Picks: Par Technology (PAR), Xiaomi (XIACF)

Tipranks - Thu Mar 12, 9:06AM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Par Technology (PARResearch Report) and Xiaomi (XIACFResearch Report) with bullish sentiments.

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Par Technology (PAR)

In a report released today, George Sutton from Craig-Hallum maintained a Buy rating on Par Technology. The company’s shares closed last Wednesday at $16.77.

According to TipRanks.com, Sutton is a 5-star analyst with an average return of 22.2% and a 49.3% success rate. Sutton covers the Technology sector, focusing on stocks such as DeFi Development Corporation, Applied Digital Corporation, and Core Scientific Inc. ;'>

Currently, the analyst consensus on Par Technology is a Strong Buy with an average price target of $35.63, representing an 110.1% upside. In a report issued on February 26, Jefferies also maintained a Buy rating on the stock with a $34.00 price target.

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

Xiaomi (XIACF)

Goldman Sachs analyst Timothy Zhao maintained a Buy rating on Xiaomi yesterday and set a price target of HK$41.00. The company’s shares closed last Wednesday at $4.26.

Zhao has an average return of 43.4% when recommending Xiaomi. ;'>

According to TipRanks.com, Zhao is ranked #4198 out of 12124 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Xiaomi with a $6.07 average price target, implying a 36.1% upside from current levels. In a report issued on March 2, CMB International Securities also maintained a Buy rating on the stock with a HK$50.21 price target.

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