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Analysts Offer Insights on Technology Companies: Texas Instruments (TXN), SolarEdge Technologies (SEDG) and Teledyne Technologies (TDY)

Tipranks - Fri Jul 24, 5:26AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Texas Instruments (TXN), SolarEdge Technologies (SEDG) and Teledyne Technologies (TDY).

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Texas Instruments (TXN)

In a report released today, John Vinh from KeyBanc maintained a Buy rating on Texas Instruments, with a price target of $400.00. The company’s shares closed last Wednesday at $294.19.

According to TipRanks.com, Vinh is a top 100 analyst with an average return of 31.0% and a 62.4% success rate. Vinh covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Lattice Semiconductor, and ARM Holdings PLC ADR. ;'>

Currently, the analyst consensus on Texas Instruments is a Moderate Buy with an average price target of $325.30, which is a 14.1% upside from current levels. In a report issued on July 13, TD Cowen also maintained a Buy rating on the stock with a $360.00 price target.

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SolarEdge Technologies (SEDG)

In a report released yesterday, Vikram Bagri from Citi maintained a Sell rating on SolarEdge Technologies, with a price target of $27.00. The company’s shares closed last Wednesday at $47.88.

According to TipRanks.com, Bagri ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -19.6% and a 33.7% success rate. Bagri covers the NA sector, focusing on stocks such as Marathon Petroleum, Centrus Energy, and Valero Energy. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for SolarEdge Technologies with a $42.12 average price target, a -14.4% downside from current levels. In a report issued on July 17, BMO Capital also maintained a Sell rating on the stock with a $36.00 price target.

Teledyne Technologies (TDY)

In a report released today, James Ricchiuti from Needham reiterated a Buy rating on Teledyne Technologies, with a price target of $750.00. The company’s shares closed last Wednesday at $650.50.

According to TipRanks.com, Ricchiuti is a 5-star analyst with an average return of 29.6% and a 58.7% success rate. Ricchiuti covers the Technology sector, focusing on stocks such as Benchmark Electronics, Universal Display, and TTM Technologies. ;'>

Teledyne Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $684.86, implying a 4.8% upside from current levels. In a report released yesterday, TipRanks – Anthropic also upgraded the stock to Buy with a $715.00 price target.

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