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Analysts Offer Insights on Technology Companies: Texas Instruments (TXN), Palantir Technologies (PLTR) and Backblaze (BLZE)

Tipranks - Wed Aug 5, 7:02AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Texas Instruments (TXN), Palantir Technologies (PLTR) and Backblaze (BLZE).

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Texas Instruments (TXN)

In a report released yesterday, Atif Malik from Citi maintained a Buy rating on Texas Instruments. The company’s shares closed last Monday at $269.04.

According to TipRanks.com, Malik is a top 25 analyst with an average return of 47.0% and a 77.4% success rate. Malik covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Keysight Technologies, and GlobalFoundries Inc. ;'>

Currently, the analyst consensus on Texas Instruments is a Moderate Buy with an average price target of $329.87, implying a 20.9% upside from current levels. In a report issued on July 23, TipRanks – DeepSeek also upgraded the stock to Buy with a $331.00 price target.

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Palantir Technologies (PLTR)

Morgan Stanley analyst Sanjit Singh maintained a Hold rating on Palantir Technologies today and set a price target of $205.00. The company’s shares closed last Monday at $125.65.

According to TipRanks.com, Singh is a 4-star analyst with an average return of 9.3% and a 57.3% success rate. Singh covers the Technology sector, focusing on stocks such as Cloudflare, ServiceNow, and Dynatrace. ;'>

Palantir Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $188.82.

Backblaze (BLZE)

William Blair analyst Jason Ader maintained a Hold rating on Backblaze today. The company’s shares closed last Monday at $15.59.

According to TipRanks.com, Ader is a 4-star analyst with an average return of 4.0% and a 47.6% success rate. Ader covers the Technology sector, focusing on stocks such as DigitalOcean Holdings, Rubrik, Inc. Class A, and CommVault Systems. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Backblaze with a $14.92 average price target, representing an 8.4% upside. In a report issued on July 21, TipRanks – PerPlexity also reiterated a Hold rating on the stock with a $13.00 price target.

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