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