Analysts’ Opinions Are Mixed on These Technology Stocks: Texas Instruments (TXN), Qorvo (QRVO) and Xero Limited (OtherXROLF)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Texas Instruments (TXN – Research Report), Qorvo (QRVO – Research Report) and Xero Limited (XROLF – Research Report).
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Texas Instruments (TXN)
In a report released yesterday, Vijay Rakesh from Mizuho Securities maintained a Sell rating on Texas Instruments, with a price target of $160.00. The company’s shares closed last Tuesday at $196.63.
According to TipRanks.com, Rakesh is a top 25 analyst with an average return of
Currently, the analyst consensus on Texas Instruments is a Hold with an average price target of $198.00, a 1.7% upside from current levels. In a report issued on January 16, Barclays also maintained a Sell rating on the stock with a $140.00 price target.
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Qorvo (QRVO)
Oppenheimer analyst Rick Schafer reiterated a Hold rating on Qorvo yesterday. The company’s shares closed last Tuesday at $82.81.
According to TipRanks.com, Schafer is a top 25 analyst with an average return of
Qorvo has an analyst consensus of Hold, with a price target consensus of $95.45, implying a 15.9% upside from current levels. In a report issued on January 14, Barclays also maintained a Hold rating on the stock with a $90.00 price target.
Xero Limited (XROLF)
Citi analyst Siraj Ahmed maintained a Buy rating on Xero Limited today and set a price target of A$210.00. The company’s shares closed last Wednesday at $65.50.
According to TipRanks.com, Ahmed 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 Xero Limited with a $131.07 average price target, a 92.8% upside from current levels. In a report released yesterday, RBC Capital also upgraded the stock to Buy with a A$155.00 price target.
