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Analysts Offer Insights on Technology Companies: ASMPT Ltd (OtherASMVF) and Qorvo (QRVO)

Tipranks - Tipranks - Thu Apr 23, 4:42AM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on ASMPT Ltd (ASMVF) and Qorvo (QRVO) with bullish sentiments.

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ASMPT Ltd (ASMVF)

In a report released today, Jim Hin Kwong Au from DBS maintained a Buy rating on ASMPT Ltd, with a price target of HK$185.00. The company’s shares closed last Monday at $15.00.

According to TipRanks.com, Au is a 5-star analyst with an average return of 21.8% and a 65.8% success rate. Au covers the Technology sector, focusing on stocks such as Sunny Optical Technology (Group) Co, BYD Electronic (International) Co, and AAC Technologies Holdings. ;'>

Currently, the analyst consensus on ASMPT Ltd is a Strong Buy with an average price target of $17.87.

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Qorvo (QRVO)

Barclays analyst Thomas O’Malley upgraded Qorvo to Buy today and set a price target of $100.00. The company’s shares closed last Tuesday at $83.09.

According to TipRanks.com, O’Malley is a top 100 analyst with an average return of 38.7% and a 65.5% success rate. O’Malley covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Advanced Micro Devices. ;'>

Qorvo has an analyst consensus of Hold, with a price target consensus of $85.50.

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