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Analysts Have Conflicting Sentiments on These Technology Companies: Microchip (MCHP), Corsair Gaming (CRSR) and Tokyo Electron (OtherTOELF)

Tipranks - Sat May 9, 5:48AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Microchip (MCHP), Corsair Gaming (CRSR) and Tokyo Electron (TOELF).

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Microchip (MCHP)

In a report released today, John Vinh from KeyBanc maintained a Buy rating on Microchip. The company’s shares closed last Thursday at $101.58.

According to TipRanks.com, Vinh is a top 100 analyst with an average return of 30.1% and a 65.1% success rate. Vinh covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Lattice Semiconductor, and ARM Holdings PLC ADR. ;'>

Microchip has an analyst consensus of Moderate Buy, with a price target consensus of $103.45, which is a 1.3% upside from current levels. In a report released yesterday, Jefferies also maintained a Buy rating on the stock with a $120.00 price target.

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Corsair Gaming (CRSR)

TD Cowen analyst Doug Creutz maintained a Hold rating on Corsair Gaming today and set a price target of $11.00. The company’s shares closed last Thursday at $7.09.

According to TipRanks.com, Creutz is a 5-star analyst with an average return of 13.9% and a 61.3% success rate. Creutz covers the NA sector, focusing on stocks such as Live Nation Entertainment, Starz Entertainment Corp, and Universal Music Group. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Corsair Gaming with a $7.80 average price target, representing a 7.1% upside. In a report issued on April 28, B. Riley Securities also maintained a Hold rating on the stock with a $7.00 price target.

Tokyo Electron (TOELF)

Jefferies analyst Masahiro Nakanomyo maintained a Buy rating on Tokyo Electron today and set a price target of Yen59000.00. The company’s shares closed last Thursday at $315.53.

According to TipRanks.com, Nakanomyo is a 5-star analyst with an average return of 25.5% and a 64.5% success rate. Nakanomyo covers the Technology sector, focusing on stocks such as Hamamatsu Photonics KK, SCREEN Holdings Co, and Seiko Epson. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Tokyo Electron with a $344.88 average price target, a 9.1% upside from current levels. In a report issued on April 28, TipRanks – xAI also reiterated a Buy rating on the stock with a Yen54165.00 price target.

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