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Analysts Offer Insights on Technology Companies: PubMatic (PUBM), Lam Research (LRCX) and Texas Instruments (TXN)

Tipranks - Fri Apr 24, 6:51AM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on PubMatic (PUBM), Lam Research (LRCX) and Texas Instruments (TXN).

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PubMatic (PUBM)

Scotiabank analyst Nat Schindler maintained a Hold rating on PubMatic today and set a price target of $8.00. The company’s shares closed last Wednesday at $9.52, close to its 52-week low of $9.07.

According to TipRanks.com, Schindler is a 3-star analyst with an average return of 2.6% and a 45.0% success rate. Schindler covers the NA sector, focusing on stocks such as Fiverr International, Nexxen International, and Alphabet Class C. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PubMatic with a $12.10 average price target, representing a 26.0% upside. In a report issued on April 17, TipRanks – xAI also reiterated a Hold rating on the stock with a $10.00 price target.

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Lam Research (LRCX)

RBC Capital analyst Srini Pajjuri reiterated a Buy rating on Lam Research yesterday and set a price target of $310.00. The company’s shares closed last Wednesday at $265.55.

According to TipRanks.com, Pajjuri is a 5-star analyst with an average return of 39.9% and a 74.8% success rate. Pajjuri covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Lattice Semiconductor, and ARM Holdings PLC ADR. ;'>

Currently, the analyst consensus on Lam Research is a Strong Buy with an average price target of $303.30, which is a 15.9% upside from current levels. In a report issued on April 9, Susquehanna also maintained a Buy rating on the stock with a $350.00 price target.

Texas Instruments (TXN)

In a report released today, William Stein from Truist Financial maintained a Hold rating on Texas Instruments, with a price target of $278.00. The company’s shares closed last Wednesday at $236.31.

According to TipRanks.com, Stein is a top 25 analyst with an average return of 38.0% and a 78.4% success rate. Stein covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Advanced Micro Devices, and NXP Semiconductors. ;'>

Currently, the analyst consensus on Texas Instruments is a Moderate Buy with an average price target of $262.60, representing an 11.1% upside. In a report issued on April 16, Mizuho Securities also upgraded the stock to Hold with a $215.00 price target.

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