Analysts’ Opinions Are Mixed on These Technology Stocks: SolarEdge Technologies (SEDG) and Teledyne Technologies (TDY)
Analysts have been eager to weigh in on the Technology sector with new ratings on SolarEdge Technologies (SEDG – Research Report) and Teledyne Technologies (TDY – Research Report).
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SolarEdge Technologies (SEDG)
In a report issued on January 20, Chris Dendrinos from RBC Capital maintained a Hold rating on SolarEdge Technologies, with a price target of $34.00. The company’s shares closed last Wednesday at $33.34.
According to TipRanks.com, Dendrinos is a 5-star analyst with an average return of
SolarEdge Technologies has an analyst consensus of Hold, with a price target consensus of $32.94, a 2.2% upside from current levels. In a report issued on January 12, Raymond James also initiated coverage with a Hold rating on the stock.
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Teledyne Technologies (TDY)
In a report released yesterday, Joseph C Giordano from TD Cowen maintained a Buy rating on Teledyne Technologies, with a price target of $650.00. The company’s shares closed last Wednesday at $621.79.
According to TipRanks.com, Giordano is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Teledyne Technologies with a $633.00 average price target, which is a 4.2% upside from current levels. In a report released yesterday, TipRanks – Google also upgraded the stock to Buy with a $648.00 price target.
