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Analysts Offer Insights on Technology Companies: TE Connectivity (TEL), Micron (MU) and Sensata (ST)

Tipranks - Tipranks - Tue Jun 9, 5:16AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on TE Connectivity (TEL), Micron (MU) and Sensata (ST).

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TE Connectivity (TEL)

In a report released today, Colin Langan from Wells Fargo maintained a Hold rating on TE Connectivity, with a price target of $226.00. The company’s shares closed last Friday at $212.65.

According to TipRanks.com, Langan is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -4.7% and a 48.5% success rate. Langan covers the NA sector, focusing on stocks such as Magna International, Versigent Limited, and General Motors. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TE Connectivity with a $237.63 average price target.

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

Micron (MU)

In a report released today, Aaron Rakers from Wells Fargo reiterated a Buy rating on Micron, with a price target of $1220.00. The company’s shares closed last Friday at $864.01.

According to TipRanks.com, Rakers is a top 25 analyst with an average return of 55.4% and a 72.8% success rate. Rakers covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Advanced Micro Devices, and Keysight Technologies. ;'>

Micron has an analyst consensus of Strong Buy, with a price target consensus of $887.00, implying a -6.1% downside from current levels. In a report issued on May 26, UBS also maintained a Buy rating on the stock with a $1625.00 price target.

Sensata (ST)

Wells Fargo analyst Kosta Tasoulis maintained a Hold rating on Sensata today and set a price target of $48.00. The company’s shares closed last Friday at $49.84.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sensata with a $51.00 average price target, representing a -1.2% downside. In a report issued on May 29, Barclays also downgraded the stock to Hold with a $53.00 price target.

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