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Analysts Are Bullish on These Technology Stocks: Tokyo Electron (TOELF), Lasertec (LSRCF)

Tipranks - Tipranks - Thu Jul 2, 7:34AM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Tokyo Electron (TOELF) and Lasertec (LSRCF) with bullish sentiments.

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Tokyo Electron (TOELF)

In a report released today, David Dai CFA from Bernstein maintained a Buy rating on Tokyo Electron, with a price target of Yen59200.00. The company’s shares closed last Tuesday at $485.00.

According to TipRanks.com, CFA is a 5-star analyst with an average return of 53.3% and a 83.5% success rate. CFA covers the Technology sector, focusing on stocks such as Infineon Technologies AG, Advanced Micro Devices, and ARM Holdings PLC ADR. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Tokyo Electron with a $451.42 average price target, representing a -8.2% downside. In a report issued on June 18, J.P. Morgan also maintained a Buy rating on the stock with a Yen85000.00 price target.

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Lasertec (LSRCF)

Bernstein analyst Stacy Rasgon maintained a Buy rating on Lasertec today and set a price target of Yen50000.00. The company’s shares closed last Tuesday at $317.56.

According to TipRanks.com, Rasgon is a top 100 analyst with an average return of 42.9% and a 69.2% success rate. Rasgon covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Renesas Electronics, and NXP Semiconductors. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lasertec with a $322.56 average price target, representing a 3.9% upside. In a report released yesterday, Goldman Sachs also maintained a Buy rating on the stock with a Yen67000.00 price target.

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