Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Technology Companies: Silicon Motion (SIMO) and Intel (INTC)

Tipranks - Sat Apr 25, 9:30AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Silicon Motion (SIMO) and Intel (INTC).

Claim 30% Off TipRanks

Silicon Motion (SIMO)

Craig-Hallum analyst Eric Stine maintained a Buy rating on Silicon Motion today. The company’s shares closed last Friday at $144.25.

According to TipRanks.com, Stine is a 5-star analyst with an average return of 19.2% and a 46.5% success rate. Stine covers the Industrial Goods sector, focusing on stocks such as Amprius Technologies Inc, American Superconductor, and PureCycle Technologies. ;'>

Currently, the analyst consensus on Silicon Motion is a Strong Buy with an average price target of $151.40, representing a 3.0% upside. In a report issued on April 20, TipRanks – xAI also reiterated a Buy rating on the stock with a $155.00 price target.

See today’s best-performing stocks on TipRanks >>

Intel (INTC)

Barclays analyst Thomas O’Malley maintained a Hold rating on Intel today and set a price target of $65.00. The company’s shares closed last Friday at $82.32.

According to TipRanks.com, O’Malley is a top 100 analyst with an average return of 39.8% and a 66.1% 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. ;'>

Currently, the analyst consensus on Intel is a Hold with an average price target of $74.81, which is a -9.0% downside from current levels. In a report issued on April 20, Exane BNP Paribas also upgraded the stock to Hold with a $60.00 price target.

Read More on SIMO:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.