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Analysts Conflicted on These Technology Names: Unisys (UIS) and Qorvo (QRVO)

Tipranks - Thu May 7, 1:32PM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Unisys (UIS) and Qorvo (QRVO).

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Unisys (UIS)

In a report released today, Mayank Tandon from Needham maintained a Buy rating on Unisys, with a price target of $4.00. The company’s shares closed last Wednesday at $3.11.

According to TipRanks.com, Tandon is ranked 0 out of 5 stars with an average return of -3.7% and a 38.6% success rate. Tandon covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, Grid Dynamics Holdings, and Exlservice Holdings. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Unisys with a $5.50 average price target.

See the top stocks recommended by analysts >>

Qorvo (QRVO)

TD Cowen analyst Krish Sankar maintained a Hold rating on Qorvo today and set a price target of $80.00. The company’s shares closed last Wednesday at $88.86.

According to TipRanks.com, Sankar is a top 25 analyst with an average return of 52.1% and a 70.2% success rate. Sankar covers the Technology sector, focusing on stocks such as Ultra Clean Holdings, ARM Holdings PLC ADR, and GlobalFoundries Inc. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Qorvo with a $92.75 average price target, a -0.7% downside from current levels. In a report issued on May 3, TipRanks – DeepSeek also downgraded the stock to Hold with a $102.00 price target.

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