Analysts Are Bullish on These Technology Stocks: Analog Devices (ADI), Power Integrations (POWI)
There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Analog Devices (ADI – Research Report), Power Integrations (POWI – Research Report) and CommVault Systems (CVLT – Research Report) with bullish sentiments.
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Analog Devices (ADI)
In a report released today, Tore Svanberg from Stifel Nicolaus maintained a Buy rating on Analog Devices, with a price target of $330.00. The company’s shares closed last Thursday at $302.10.
According to TipRanks.com, Svanberg is a 5-star analyst with an average return of
Analog Devices has an analyst consensus of Strong Buy, with a price target consensus of $309.22, representing a 2.5% upside. In a report issued on January 7, Morgan Stanley also maintained a Buy rating on the stock.
See the top stocks recommended by analysts >>
Power Integrations (POWI)
In a report released today, David Williams from Benchmark Co. maintained a Buy rating on Power Integrations, with a price target of $55.00. The company’s shares closed last Thursday at $43.48.
According to TipRanks.com, Williams is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Power Integrations with a $51.75 average price target, implying a 20.9% upside from current levels. In a report issued on January 8, Northland Securities also maintained a Buy rating on the stock with a $46.00 price target.
CommVault Systems (CVLT)
In a report released yesterday, Howard Ma from Guggenheim maintained a Buy rating on CommVault Systems, with a price target of $200.00. The company’s shares closed last Thursday at $125.19.
According to TipRanks.com, Ma is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for CommVault Systems with a $180.45 average price target, which is a 44.1% upside from current levels. In a report issued on January 12, KeyBanc also maintained a Buy rating on the stock with a $152.00 price target.
