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Analysts’ Top Technology Picks: Lam Research (LRCX), Uber Technologies (UBER)

Tipranks - Tue Apr 14, 6:34AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Lam Research (LRCX), Uber Technologies (UBER) and Palo Alto Networks (PANW) with bullish sentiments.

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Lam Research (LRCX)

Stifel Nicolaus analyst Brian Chin maintained a Buy rating on Lam Research today and set a price target of $300.00. The company’s shares closed last Friday at $263.66.

According to TipRanks.com, Chin is a 5-star analyst with an average return of 34.0% and a 63.9% success rate. Chin covers the Technology sector, focusing on stocks such as SkyWater Technology, Applied Materials, and Penguin Solutions. ;'>

Lam Research has an analyst consensus of Strong Buy, with a price target consensus of $286.93, representing a 9.0% upside. In a report issued on April 9, Susquehanna also maintained a Buy rating on the stock with a $350.00 price target.

See the top stocks recommended by analysts >>

Uber Technologies (UBER)

Stifel Nicolaus analyst Mark Kelley maintained a Buy rating on Uber Technologies today and set a price target of $94.00. The company’s shares closed last Friday at $70.48.

According to TipRanks.com, Kelley is a 5-star analyst with an average return of 20.3% and a 56.8% success rate. Kelley covers the NA sector, focusing on stocks such as Alphabet Class A, Meta Platforms, and Trade Desk. ;'>

Uber Technologies has an analyst consensus of Strong Buy, with a price target consensus of $106.31, a 47.0% upside from current levels. In a report issued on March 30, Bank of America Securities also maintained a Buy rating on the stock with a $103.00 price target.

Palo Alto Networks (PANW)

Piper Sandler analyst Rob Owens maintained a Buy rating on Palo Alto Networks today and set a price target of $265.00. The company’s shares closed last Friday at $155.73.

According to TipRanks.com, Owens is a 5-star analyst with an average return of 16.1% and a 58.5% success rate. Owens covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Tenable Holdings, and Varonis Systems. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Palo Alto Networks with a $213.13 average price target, which is a 27.2% upside from current levels. In a report issued on March 30, Barclays also maintained a Buy rating on the stock with a $200.00 price target.

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