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Analysts’ Opinions Are Mixed on These Technology Stocks: Alarm (ALRM), Qualcomm (QCOM) and Intel (INTC)

Tipranks - Tue Apr 21, 8:58AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Alarm (ALRM), Qualcomm (QCOM) and Intel (INTC).

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Alarm (ALRM)

In a report released today, Jack Vander Aarde from Maxim Group reiterated a Buy rating on Alarm, with a price target of $85.00. The company’s shares closed last Monday at $46.31.

According to TipRanks.com, Aarde has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -2.0% and a 28.5% success rate. Aarde covers the Technology sector, focusing on stocks such as Cloudastructure, Inc. Class A, Micropolis Holding Company, and Alpha Modus Holdings. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Alarm with a $58.33 average price target.

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Qualcomm (QCOM)

In a report released today, Christopher Rolland from Susquehanna reiterated a Hold rating on Qualcomm, with a price target of $140.00. The company’s shares closed last Monday at $136.35.

According to TipRanks.com, Rolland is a top 100 analyst with an average return of 35.7% and a 64.9% success rate. Rolland covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Advanced Micro Devices. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Qualcomm with a $153.69 average price target, a 12.4% upside from current levels. In a report issued on April 16, J.P. Morgan also downgraded the stock to Hold with a $140.00 price target.

Intel (INTC)

Wedbush analyst Matt Bryson reiterated a Hold rating on Intel today and set a price target of $30.00. The company’s shares closed last Monday at $66.07.

According to TipRanks.com, Bryson is a top 25 analyst with an average return of 85.2% and a 79.5% success rate. Bryson covers the Technology sector, focusing on stocks such as GlobalFoundries Inc, Silicon Motion, and Nvidia. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Intel with a $54.79 average price target, which is a -20.0% downside from current levels. In a report released today, KGI Securities also downgraded the stock to Hold with a $71.00 price target.

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