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Analysts Are Bullish on These Technology Stocks: Pixelworks (PXLW), Bel Fuse Inc (BELFB)

Tipranks - Tipranks - Tue Jun 16, 6:36AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Pixelworks (PXLW), Bel Fuse Inc (BELFB) and Sonos (SONO) with bullish sentiments.

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Pixelworks (PXLW)

Roth MKM analyst Sujeeva De Silva maintained a Buy rating on Pixelworks today and set a price target of $10.00. The company’s shares closed last Friday at $7.04.

According to TipRanks.com, Silva is a top 100 analyst with an average return of 58.7% and a 60.7% success rate. Silva covers the Technology sector, focusing on stocks such as Credo Technology Group Holding Ltd, Advanced Micro Devices, and indie Semiconductor. ;'>

Currently, the analyst consensus on Pixelworks is a Moderate Buy with an average price target of $10.00.

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Bel Fuse Inc (BELFB)

Northland Securities analyst Bobby Brooks maintained a Buy rating on Bel Fuse Inc today and set a price target of $321.00. The company’s shares closed last Friday at $293.87.

According to TipRanks.com, Brooks is a 5-star analyst with an average return of 40.5% and a 71.7% success rate. Brooks covers the Industrial Goods sector, focusing on stocks such as Innovative Solutions And Support, Tetra Technologies, and Ceco Environmental. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Bel Fuse Inc with a $316.83 average price target, implying a 6.7% upside from current levels. In a report issued on June 10, J.P. Morgan also initiated coverage with a Buy rating on the stock with a $370.00 price target.

Sonos (SONO)

Rosenblatt Securities analyst Steve Frankel maintained a Buy rating on Sonos today and set a price target of $21.00. The company’s shares closed last Friday at $15.36.

Frankel has an average return of 6.9% when recommending Sonos. ;'>

According to TipRanks.com, Frankel is ranked #2674 out of 12307 analysts.

Currently, the analyst consensus on Sonos is a Moderate Buy with an average price target of $19.50.

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