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Analysts Conflicted on These Technology Names: Super Micro Computer (SMCI), Advanced Micro Devices (AMD) and WEX (WEX)

Tipranks - Fri Aug 14, 7:36AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Super Micro Computer (SMCI), Advanced Micro Devices (AMD) and WEX (WEX).

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Super Micro Computer (SMCI)

In a report released yesterday, Mark Newman from Bernstein maintained a Hold rating on Super Micro Computer, with a price target of $42.00. The company’s shares closed last Wednesday at $37.61.

According to TipRanks.com, Newman is a 5-star analyst with an average return of 88.0% and a 78.0% success rate. Newman covers the Technology sector, focusing on stocks such as Sunny Optical Technology (Group) Co, Hewlett Packard Enterprise, and Infineon Technologies AG. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Super Micro Computer with a $40.27 average price target, representing a 15.1% upside. In a report issued on July 28, Mizuho Securities also maintained a Hold rating on the stock with a $34.00 price target.

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Advanced Micro Devices (AMD)

Bernstein analyst Stacy Rasgon maintained a Buy rating on Advanced Micro Devices today and set a price target of $650.00. The company’s shares closed last Wednesday at $482.93.

According to TipRanks.com, Rasgon is a top 100 analyst with an average return of 36.4% and a 69.0% success rate. Rasgon covers the Technology sector, focusing on stocks such as Renesas Electronics, NXP Semiconductors, and SCREEN Holdings Co. ;'>

Advanced Micro Devices has an analyst consensus of Strong Buy, with a price target consensus of $646.04, representing a 32.3% upside. In a report issued on August 4, Jefferies also maintained a Buy rating on the stock with a $650.00 price target.

WEX (WEX)

In a report released today, Mihir Bhatia from Bank of America Securities maintained a Buy rating on WEX, with a price target of $203.00. The company’s shares closed last Wednesday at $190.06.

According to TipRanks.com, Bhatia is a 5-star analyst with an average return of 11.2% and a 67.9% success rate. Bhatia covers the Financial sector, focusing on stocks such as Bread Financial Holdings, Capital One Financial, and Synchrony Financial. ;'>

WEX has an analyst consensus of Moderate Buy, with a price target consensus of $182.43.

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