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Analysts Conflicted on These Technology Names: Viant Technology (DSP), Super Micro Computer (SMCI) and HP (HPQ)

Tipranks - Thu Aug 13, 6:32AM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Viant Technology (DSP), Super Micro Computer (SMCI) and HP (HPQ).

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Viant Technology (DSP)

Canaccord Genuity analyst Maria Ripps maintained a Buy rating on Viant Technology yesterday and set a price target of $22.00. The company’s shares closed last Tuesday at $13.19.

According to TipRanks.com, Ripps is a 5-star analyst with an average return of 19.0% and a 50.2% success rate. Ripps covers the NA sector, focusing on stocks such as DoubleVerify Holdings, Zillow Group Class A, and Nexxen International. ;'>

Viant Technology has an analyst consensus of Strong Buy, with a price target consensus of $19.06, implying a 38.2% upside from current levels. In a report released yesterday, TipRanks – OpenAI also upgraded the stock to Buy with a $15.50 price target.

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Super Micro Computer (SMCI)

Citi analyst Asiya Merchant reiterated a Hold rating on Super Micro Computer yesterday and set a price target of $39.00. The company’s shares closed last Tuesday at $31.60, close to its 52-week low of $17.25.

According to TipRanks.com, Merchant is a top 25 analyst with an average return of 104.8% and a 76.1% success rate. Merchant covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Dell Technologies, and TE Connectivity. ;'>

Super Micro Computer has an analyst consensus of Hold, with a price target consensus of $39.18, representing a 22.4% upside. In a report issued on July 28, Mizuho Securities also maintained a Hold rating on the stock with a $34.00 price target.

HP (HPQ)

Goldman Sachs analyst Katherine Murphy maintained a Sell rating on HP today and set a price target of $21.00. The company’s shares closed last Tuesday at $29.07, close to its 52-week low of $27.43.

According to TipRanks.com, Murphy is a 5-star analyst with an average return of 58.6% and a 57.1% success rate. Murphy covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, TD SYNNEX Corporation, and Super Micro Computer. ;'>

Currently, the analyst consensus on HP is a Moderate Sell with an average price target of $21.43.

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