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Analysts’ Opinions Are Mixed on These Technology Stocks: Tower (TSEM), Ingram Micro Holding Corporation (INGM) and Paychex (PAYX)

Tipranks - Tipranks - Fri Mar 27, 6:40AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Tower (TSEM), Ingram Micro Holding Corporation (INGM) and Paychex (PAYX).

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Tower (TSEM)

Benchmark Co. analyst Cody Acree reiterated a Buy rating on Tower today and set a price target of $230.00. The company’s shares closed last Wednesday at $188.74.

According to TipRanks.com, Acree is a top 100 analyst with an average return of 25.2% and a 64.9% success rate. Acree covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Silicon Laboratories, and ARM Holdings PLC ADR. ;'>

Currently, the analyst consensus on Tower is a Moderate Buy with an average price target of $168.62, which is a -11.6% downside from current levels. In a report issued on March 17, TipRanks – PerPlexity also upgraded the stock to Buy with a $158.00 price target.

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Ingram Micro Holding Corporation (INGM)

RBC Capital analyst David Paige maintained a Buy rating on Ingram Micro Holding Corporation yesterday and set a price target of $24.00. The company’s shares closed last Wednesday at $22.79.

Paige has an average return of 8.3% when recommending Ingram Micro Holding Corporation. ;'>

According to TipRanks.com, Paige is ranked #3748 out of 12128 analysts.

Currently, the analyst consensus on Ingram Micro Holding Corporation is a Moderate Buy with an average price target of $23.83, implying a 5.9% upside from current levels. In a report issued on March 10, TipRanks – DeepSeek also upgraded the stock to Buy with a $24.50 price target.

Paychex (PAYX)

In a report released today, Ashish Sabadra from RBC Capital maintained a Hold rating on Paychex, with a price target of $102.00. The company’s shares closed last Wednesday at $93.36.

According to TipRanks.com, Sabadra is a 4-star analyst with an average return of 2.3% and a 52.1% success rate. Sabadra covers the Financial sector, focusing on stocks such as Intercontinental Exchange, Cboe Global Markets, and Factset Research. ;'>

Currently, the analyst consensus on Paychex is a Hold with an average price target of $106.25, implying an 11.6% upside from current levels. In a report issued on March 19, Guggenheim also initiated coverage with a Hold rating on the stock.

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